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ohokayy, and there was this transition question too! do market economies have stock exchanges? :/
ohokayy, and there was this transition question too! do market economies have stock exchanges? :/
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AS Level ECONOMICS P1 (Discussion) - M/J/2013
- Thread starter amandeep04
- Start date
Answer was C. Market economies have stock exchanges, but option C was correct becuase other 3 factors matched.
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What was the answer to the question " What is not an externality?"
B
...real exchange rate unchanged
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I marked it... but i guess it was A :'( as when prices fall exchange rate appreciates
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what answer did u mark for that RPI question? rate of change in inflation?
Nope....study real effective exchange rate properly....I marked it... but i guess it was A :'( as when prices fall exchange rate appreciates
i
want to know it too
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Bro i did.... i usually score highest in mcqs
p.s i am 101% sure that real and nominal both appreciated... i marked the right one but in the need made a messed up of it marking it B :/
what did u answer for that RPI one?
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I guess it was A.... something related to wages
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Bro i did.... i usually score highest in mcqs
p.s i am 101% sure that real and nominal both appreciated... i marked the right one but in the need made a messed up of it marking it B :/
what did u answer for that RPI one?
I did DBro i did.... i usually score highest in mcqs
p.s i am 101% sure that real and nominal both appreciated... i marked the right one but in the need made a messed up of it marking it B :/
what did u answer for that RPI one?
I did d .Bro i did.... i usually score highest in mcqs
p.s i am 101% sure that real and nominal both appreciated... i marked the right one but in the need made a messed up of it marking it B :/
what did u answer for that RPI one?
i rejected that opt.I guess it was A.... something related to wages
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What was answer of cpi D?
How much a country's product can buy another country's product....
For example....pencil in Mexico cost 10'peso and a chewing gum in USA cost 1 $...
Now ...pencil can buy a gum in USA...
If nominal exchange rate appreciates ....to 9 peso.. It means that now 9 peso can buy 1 gum....which means less of a pencil is needed to buy a gum....
But price level fell by 10% ...it means cost of pencil is 9 peso...... So now again 1 pencil can buy only 1 chewing ......
U see real effective exchange rate is unchanged.....
For example....pencil in Mexico cost 10'peso and a chewing gum in USA cost 1 $...
Now ...pencil can buy a gum in USA...
If nominal exchange rate appreciates ....to 9 peso.. It means that now 9 peso can buy 1 gum....which means less of a pencil is needed to buy a gum....
But price level fell by 10% ...it means cost of pencil is 9 peso...... So now again 1 pencil can buy only 1 chewing ......
U see real effective exchange rate is unchanged.....
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Answer of transport cost one ?
i got that right but dnt remeber my answer!great
wesay what was the answer of RPI one?
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