AS Level ECONOMICS P1 (Discussion) - M/J/2013

[pakiboy]

i rejected that opt.

i did d instead!

 

[UzairZubair]

Yeah .. hw u cam to know?

 

[UzairZubair]

Answer of transport cost one and bop deficit prob one plz?

 

[UzairZubair]

Yep

ool
U from Cordoba ?

 

[hardik]

Answer of transport cost one ?

A....

 

[thunderbolt]

i think diff variants..anyway for those who did variennt 1..what did u guys write for the money question???

 

[fcbayernmunchen]

I guess it was A.... something related to wages

Hmm I also chose A because the wages didn't have any effect on the third party (not an externality), it was a cost for the employers and a benefit for the employees. Security cameras, Flowers and the pox vaccination all had a connection with the third party, didn't they?

 

[hardik]

A....

See
For country a....cost was 0.67 £ and 1.33£
Country b....cost was 1 £. And 1 pound

So country A will produce low cost product .....which (o.67£)) but however if cost increase by 0.33 ....total cost will equal 1....which the other country can produce at home also.....exactly eliminated benefits...

 

[fcbayernmunchen]

i think diff variants..anyway for those who did variennt 1..what did u guys write for the money question???

Are you talking about the Sterling/Dollar and Sterling/Yen one?

 

[hardik]

Answer of transport cost one ?

It's a link for real effective exchange rate.....go through it...

 

[-V!p3R-]

Hmm I also chose A because the wages didn't have any effect on the third party (not an externality), it was a cost for the employers and a benefit for the employees. Security cameras, Flowers and the pox vaccination all had a connection with the third party, didn't they?

great minds think alike

 

[pakiboy]

Hmm I also chose A because the wages didn't have any effect on the third party (not an externality), it was a cost for the employers and a benefit for the employees. Security cameras, Flowers and the pox vaccination all had a connection with the third party, didn't they?

i rejected it bcz if more jobs are created this means unemployed get employed and they spend their income more hence the average wage level rises!
u see it does affect a third party!!

 

[-V!p3R-]

I did D


I did d .

D? please explaiN ?

 

[-V!p3R-]

Which variant are you guys discussing? How come its irrelevant to me?

Variant 12

 

[fcbayernmunchen]

guys there was this question with a graph, I don't remember it very well but it had to do something with public buses ( transport ).. the govt. was reducing the tax ( or price ) of bus fares which resulted in an addition of consumers. What was the answer? I remember the graph had boxes labels with expressions like 'y+z' or 'z' etc. I chose option D, because as far as I remember the NEW ADDITIONAL CONSUMERS were represented by BOX 'X' ..

 

[fcbayernmunchen]

i rejected it bcz if more jobs are created this means unemployed get employed and they spend their income more hence the average wage level rises!
u see it does affect a third party!!

OK, then what did you choose?

 

[thunderbolt]

nope

Are you talking about the Sterling/Dollar and Sterling/Yen one?

Nope,it had something to do with zimbabwe

 

[-V!p3R-]

guys there was this question with a graph, I don't remember it very well but it had to do something with public buses ( transport ).. the govt. was reducing the tax ( or price ) of bus fares which resulted in an addition of consumers. What was the answer? I remember the graph had boxes labels with expressions like 'y+z' or 'z' etc. I chose option D, because as far as I remember the NEW ADDITIONAL CONSUMERS were represented by BOX 'X' ..

What i remember it was B

 

[pakiboy]

What i remember it was B

it was q 13 right?

 

[pakiboy]

OK, then what did you choose?

i chose D