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eco paper 3 !!!

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***exam***:

--- Quote from: Dasith on June 02, 2011, 02:45:48 pm ---welcome ,

formula hmm ,  i think its

 Injection(i.e 10000)  / (leakages% i.e as decimal )   x (1- cash ratio % )

--- End quote ---

oh ohk !! thanks a lot !! :D

***exam***:
doubt !! :P

october /nov 2005
Q14
question paper http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_w05_qp_3.pdf

may june 2004
q14 !! what does the question mean ??
q20 !!
http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_s04_qp_3.pdf

***exam***:
doubt !!!!

oct/nov 2006
Q4  answer 4
question pap http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_w06_qp_3.pdf

q11answer C   q20 answer D
question pap http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_w10_qp_32.pdf

Monopoly:

--- Quote from: ***exam*** on June 07, 2011, 06:33:58 pm ---doubt !! :P

october /nov 2005
Q14
question paper http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_w05_qp_3.pdf


--- End quote ---

poverty trap for an individual occurs when an individual is worse off from a rise in income as result of withdrawal of benefits and imposing of tax (higher).
from the defination, C is the ans.

Hey can u help me with Q15 for this paper

Monopoly:

--- Quote from: ***exam*** on June 09, 2011, 10:23:33 am ---doubt !!!!

oct/nov 2006
Q4  answer 4
question pap http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_w06_qp_3.pdf
--- End quote ---
work out the TR(no of workers*APP), then MR (differences between TR) and finally MRP of labour. Since it is perfect competition, firms employ up to wage = MRP

--- Quote from: ***exam*** on June 09, 2011, 10:23:33 am ---q11answer C   q20 answer D
question pap http://www.xtremepapers.me/CIE/International%20A%20And%20AS%20Level/9708%20-%20Economics/9708_w10_qp_32.pdf


--- End quote ---

q11: essential and most important condition of contestable market is that there are low barriers to entry and exit

q20: export is an injection(J), so fall in X has to be offset by rise in J or fall in leakage(W). Hence A but not D because fall in tax rises disposable income, the full rise is not spend here but only part. the rest is removed hence resulting in a smaller multiplier

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