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

[Someone101123]

that was a repeat question yeah?

yeah i got that

Idk haven't seen that one before.
For inflation falling, B because
Base year 2%
1st year 3% 103-100
2nd year 0.9 % (104-103/103 x 100)
Inflation falls from 3 to 0.9 in this year for the first time

 

[Rashmit Arora]

what about the question that concerned the year when inflation fell? i went with D. 2012?

Umm no mate. It was B, 2010 I guess. In 2012 the CPI went from 104 to 100 or something like that. That implies deflation, whereas the question asked the first year in which the RATE of inflation fell, which was the year in option 2 (CPI rose from 103 to 104)

 

[amandeep04]

Umm no mate. It was B, 2010 I guess. In 2012 the CPI went from 104 to 100 or something like that. That implies deflation, whereas the question asked the first year in which the RATE of inflation fell, which was the year in option 2 (CPI rose from 103 to 104)

I answered B too.

 

[amandeep04]

Me ! I mean it needed a lot of brainstorming ~

True! :S It was a headache!

 

[pakiboy]

what about the question that concerned the year when inflation fell? i went with D. 2012?

what about the question that concerned the year when inflation fell? i went with D. 2012?

i also wrote D but it was a wild guess, no logic behind it!

 

[Rashmit Arora]

i don't expect anyone to come with a reply
but does anyone remember question no.28 (/12)

Here's to proving your expectations wrong; it was C.

 

[Rashmit Arora]

do you remember the question?

Nope, but I do remember that the last three answers were C.

 

[sk8rkid]

Were there quite a few option D answers?

 

[Rashmit Arora]

No clue, but sure, whatever pleases you

 

[Enigma1O1]

Can anyone please upload the paper if u have one.. Variant 12... It seems that all my ans are correct n that's NOT possible hence would like to confirm it by looking at the questions.

 

[SalmanPakRocks]

We don't have the paper. :|

 

[Enigma1O1]

I hate this anxiety

 

[Lostsoul]

I hate this anxiety

Prolly better then the disappointment which leads to demotivation

 

[abbey789]

You're right. Appreciation and appreciation, because even after the inflation took effect, the peso's value had risen by 0.1 . What did you write for that question about something making the trade deficit a significant problem? Question 26 I guess?

are you sure it's appreciation and appreciation? YAY!

 

[abbey789]

What was the answer to the last one? Said the country experienced a balance of payments surplus. What would the govt. have to do to keep the "Fixed" exchange rate at its target? The options were decreasing govt. borrowing, decreasing govt. spending, don't remember option C, and decreasing the money supply.

I did money supply. Option C was about interest rate

 

[Rashmit Arora]

are you sure it's appreciation and appreciation? YAY!

I'm pretty sure

 

[abbey789]

What about the last question was it money supply?

 

[SalmanPakRocks]

What about the last question was it money supply?

I remember the answer was C, don't know what the question was!

 

[-V!p3R-]

What about the last question was it money supply?

interest rates

 

[SalmanPakRocks]

interest rates

Tell me the question?