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  1. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w11_qp_11.pdf Que 1 - Opt A B n D will lead to a outward or inward shift of the PPF. Only opt C will result with ineffiency. - unemployment. Que 7 - Ans D coz increase in wage rates will increase the firm' cost of prod and...
  2. Mad Gal

    guess you got it cleared :) i was away! sowie!

    guess you got it cleared :) i was away! sowie!
  3. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    i have some doubts http://www.xtremepapers.com/papers/CIE/Cambridge%20International%20A%20and%20AS%20Level/Economics%20(9708)/9708_w11_qp_12.pdf Que 20 - has it got anything to do with trade diversion Que - 25 i got D, can someone explain it with proper calculations??? Please :)
  4. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Que 3 - its a convex diagram (concave to the origin) just put some figures to the diagram and calculate the opportu.cost. You'll see that it increases for every extra unit you choose to produce.. Ans is D right? Que 11 - i made the same mistake! Its again the maximum price. see initially the...
  5. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s11_qp_12.pdf Que 1 - i dont understand Opt B. The ans is B, i chose C. Explain? Que 21 - ans = c. Why wouldn't A be correct?? MY DOUBTS!!!!
  6. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Que 28 - Opt A will reduce demand for Yen, it will then shift to the left. Yea? Que 26 - think of the LRAS curves, when moving towards full emp level, it will contribute to inflation. Got it?
  7. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    No its not silly :) at all!
  8. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    thank you. I think foreign reserves are recorded buh its just a disclosure. wouldn't have any impact on the total!
  9. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    The standard says cost or NRV, whichever is lower. SO in this case its 1200 vs 800. SO choose 800!
  10. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    am like 80% sure. Someone else agreed that i was right. Invisible TRADE balance i think would mean the difference between exp and imp of services. BUT, Invisible balance = all 3 components. Am kind of sure!
  11. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    http://www.xtremepapers.com/papers/CIE/Cambridge%20International%20A%20and%20AS%20Level/Economics%20(9708)/9708_s11_qp_12.pdf Que 1 - i dont understand Opt B. The ans is B, i chose C. Explain? Que 21 - ans = c. Why wouldn't A be correct?? Please :)
  12. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Invisible balance = services + Investment income + transfers.
  13. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    you're welcome :)
  14. Mad Gal

    fingers crossed!!!!!!!!!!!!!!

    fingers crossed!!!!!!!!!!!!!!
  15. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Sale or return basis, can someone give me a proper explanation on how the double entry works. => when the customer hasn't informed anything bout the goods being accepted or not? => when the customer accepts? And if there's any other situations. Pleeeeeeeaaaase! You'd do me so much of help :)
  16. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    cost of stock = 1200. Now that it is out of fashion it can be now sold for 800 (NRV) = 1200-400. (am not sure if this is right! If this is the answer, then i should be right :D ) Sale or return basis, this is when goods sold are not yet accepted by the consumers. As in there's no assurance...
  17. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    demand for petrol is derived demand. As in increase in demand for cars will lead to an increase in demand for Petrol. So if price of steel falls, its complement car will be faced by an increase in demand. This will affect the demand for Petrol. So ans = C was i clear?!
  18. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Trade balance = difference between exports and imports of goods and services. Visible balance = only goods Invisible balance = services + Income + Transfers. Correct me if am wrong anyone!!!???
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