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  1. Xenon

    MCQ Economics Paper 1 October/N Q 24

    oh, forgot about B. yes, B,C and D fulfills marshall-lerner condition but with C the depreciation will be most effective. well, in B, PED X is inelastic. so a fall in price will cause demand to change by small amount n since it is <1, income will rather fall as we know when PED<1...
  2. Xenon

    urgent asistance needed for addmath

    No, scalar product is not included in o-level, so don't worry about it, but u wil find in AS-level if u continue with maths.
  3. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics 2003 n0vember depreciation of currency will improve BOP if the country first of all fulfills the marshall-lerner condition which says that BOP will improve if (PED of export,X + PED of import, M)> 1 C and D fuldfills this condidtion. But in D, the PED of M is inelastic...
  4. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics 2002 Q 24 price of P rose by 60%, q reduced by 20%, R remained unchanged change in expenditure = 60x100m - 20x300m + 0x100 = 0 since there is no change in expenditure, prices remained unchanged, ans: C
  5. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics 2002 Q 24 price of P rose by 60%, q reduced by 20%, R remained unchanged change in expenditure = 60x100m - 20x300m + 0x100 = 0 since there is no change in expenditure, prices remained unchanged, ans:
  6. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics 2004 October Paper 1 one key concept associated with unitary price elasticity of demand is that the expenditure remains same whatever quantity is consumed. this is because a percentage rise in price is matched by an equal percentage fall in demand and vice versa. therefore...
  7. Xenon

    PLEASE ANSWER THIS QUESTION OF MATHS...ZOHAIB SHERAZI

    u r talking about area(cm^2), but the unit u r using indicates volume(cm^3)
  8. Xenon

    Chemistry paper 4~ Noob question. Sry

    I say u download the chemistry syllabus which is easily available.
  9. Xenon

    MCQ Economics Paper 1 October/N Q 24

    dude, i will solve the remaining ones latter/soon.
  10. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ for economics 2005 May/June Q26 depreciation will cause imports to become expensive, it will cause import inflation fall direct tax will increase purchasing power and increase demand-pull inflation rising money supply will increase inflation ans: B
  11. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics Paper 1 2006 May/June Q19 country N has absolute adv on both goods. thus trade takes place under the principle of comparative adv. and both the countries will benefit if the exchange rate lies between the domestic opportunity cost ratios. For M, the ratio is 1Y:2X and N is...
  12. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics Paper 1 MAY/JUNE Q15 it will help if u know the cost/benefit diagrams. the social efficient/optimum level is considered where the marginal social cost ans benefits intersect and CBA is used to see whether this will take place for a project. market efficient level is where...
  13. Xenon

    MCQ Economics Paper 1 October/N Q 24

    Re: MCQ Economics Paper 1 October/N Q 29 lets cancel out each options one by one, B- a deficit in current account means an increase in demand for imports & thus foreign currencies. this will cause a fall in demand of pound C- this will also cause a fall in demand of pound D- this will...
  14. Xenon

    MCQ Economics Paper 1 October/N Q 24

    they did not give the prices of the goods and services only the percentage changes. this information alone is not enough to conclude whether services cost more than goods.
  15. Xenon

    MCQ Economics Paper 1 October/N Q 24

    u could hav asked all the questions under one topic instead of several topics.
  16. Xenon

    MCQ Economics Paper 1 October/N Q 24

    a negative inflation rate means deflation which means that prices of good fell. A positive inflation rate means prices has increased even if it is smaller than last year.
  17. Xenon

    MCQ Economics paper 1 Q26

    profit is the reward of entrepreneur which is also a factor of production. money supply has its own cause of inflation as given by the quantity theory of money.
  18. Xenon

    MCQ Economics 2006 november, Q27

    Surplus and deficit both represents disequilibrium. the surplus in B is greater in value than the deficit in C. the larger the value the more disequilibrium. thus it is B.
  19. Xenon

    MCQ for Economics Nov 2006 Paper 1 Question 21

    2000 is the base year. In the base year, the index of export and import are taken to be 100. increase in price of imports will also increase the index of import, thus it is 125 in current year. 120 is the TOT for the CURRENT YEAR (not 2000 which is the base year)
  20. Xenon

    URGENT HELP

    u can check this page of CIE: http://www.cambridgestudents.org.uk/sub ... logy/links
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