A Levels Economics MCQ Doubts

[Crimson-Saint]

IDK is it B?

it is B i just did this question a moment ago lol

 

[B!(+)(+)dy $k(_)!!]

View attachment 48859

In the ms answer is A why cant it be C?
B!(+)(+)dy $k(_)!! Crimson-Saint

Bro, it cannot be C as it is unemployment RATE so we don't know what the labour force may be.
So unemployment may rise due to a fall in the labour force.
So C can't be possible as we don't know the absolute values.
Clear?

 

[B!(+)(+)dy $k(_)!!]

Crimson-Saint Aakash Raka
According to me, it should be B as it is an elastic supply.
But in the MS, it's A.
How?

 

[B!(+)(+)dy $k(_)!!]

Crimson-Saint Sana Adnan
Desperately need your help.
Sana Adnan please don't ignore.

 

[B!(+)(+)dy $k(_)!!]

Anyone? :/

 

[B!(+)(+)dy $k(_)!!]

View attachment 48856

B!(+)(+)dy $k(_)!!

It's C bro.
Because the consumer surplus will only be till the amount the producer is willing to supply.
So at this low price, only fewer goods can be purchased so consumer surplus will be only f+g+i.
Clear?

 

[B!(+)(+)dy $k(_)!!]

View attachment 48855

help ans is B

I'm too confused about this one.
I'd posted this previously but once again, no one bothered to reply
What I think is as the demand is inelastic, the supplier would not decrease his price fully by the amount.
Instead, he would decrease the price slightly i.e by 5 cents and keep other 5 cents with him as his profit.
So the answer will be 15 - 5 = 10.
PS : I'm not sure though.

 

[Aakash Raka]

I got the answer as D but in the ms the answer is C can someone please help
B!(+)(+)dy $k(_)!! Crimson-Saint

 

[Aakash Raka]

It's C bro.
Because the consumer surplus will only be till the amount the producer is willing to supply.
So at this low price, only fewer goods can be purchased so consumer surplus will be only f+g+i.
Clear?

Thanks

 

[B!(+)(+)dy $k(_)!!]

View attachment 48869

I got the answer as D but in the ms the answer is C can someone please help
B!(+)(+)dy $k(_)!! Crimson-Saint

It's trick question bro.
It had come in our pre-boards too.
Call me. Can't explain here.

 

[B!(+)(+)dy $k(_)!!]

Aakash Raka Crimson-Saint

26 Why is a deficit on the current account of the balance of payments in economies with freely
floating exchange rates often thought to be an economic problem?

A It implies a net outflow of capital from the economy.

B It involves borrowing from abroad.

C It leads to increases in unemployment.

D It results in a loss of foreign exchange reserves.

 

[B!(+)(+)dy $k(_)!!]

Aakash Raka Crimson-Saint
In the MS it's C, but why can't B be possible?

 

[B!(+)(+)dy $k(_)!!]

Aakash Raka Crimson-Saint
I got it as C, but it's A in the MS...
Why? :/

 

[Aakash Raka]

 

[Crimson-Saint]

Aakash Raka Crimson-Saint
In the MS it's C, but why can't B be possible?
View attachment 48870

over here you chose B but it is wrong as it it not entirely true as demand did not increase in ALL of the 4 countries....but as for option C you can clearly see that in 2004 fixed lines were more demanded in each conntry

 

[B!(+)(+)dy $k(_)!!]

That awkward moment when you post your doubt once again because no one replied earlier and hoping that someone will reply now
madoka Sana Adnan Crimson-Saint Aakash Raka

 

[B!(+)(+)dy $k(_)!!]

over here you chose B but it is wrong as it it not entirely true as demand did not increase in ALL of the 4 countries....but as for option C you can clearly see that in 2004 fixed lines were more demanded in each conntry

I seriously need to go for an eye check-up..
Anyways, thank you

 

[B!(+)(+)dy $k(_)!!]

View attachment 48874

Solve my doubts first and then I'll solve this.!!

 

[Aakash Raka]

Aakash Raka Crimson-Saint

26 Why is a deficit on the current account of the balance of payments in economies with freely
floating exchange rates often thought to be an economic problem?

A It implies a net outflow of capital from the economy.

B It involves borrowing from abroad.

C It leads to increases in unemployment.

D It results in a loss of foreign exchange reserves.

Is it B?

 

[Crimson-Saint]

View attachment 48874

Answers can be C or D ..it is less likely D as unemployment of natural resources its a long term effect and as for Unemployment .it's effect can be immidiete