Author Topic: ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!  (Read 89995 times)

Offline hummer618

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #105 on: June 07, 2009, 04:17:26 pm »
huys my cousin will have the eco paper done before

he will be able to tell me what i need to know

should i cheat or not

i feel soo bad

Offline hmh

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #106 on: June 07, 2009, 04:19:08 pm »
huys my cousin will have the eco paper done before

he will be able to tell me what i need to know

should i cheat or not

i feel soo bad

lol.. cheating or not depends on u and ur cousin... but chatting or not depends on forum.. which is not to post nything until 24 hrs have past of exam ;).
Help Yourself! And Everyone gets involved to take you to your destination!!

Freaked12

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #107 on: June 07, 2009, 04:36:18 pm »
huys my cousin will have the eco paper done before

he will be able to tell me what i need to know

should i cheat or not

i feel soo bad

i reckon u must be a muslim(i am not)..i heard somewhere u will be going against ur religion if u cheat

Offline hmh

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #108 on: June 07, 2009, 04:40:18 pm »
huys my cousin will have the eco paper done before

he will be able to tell me what i need to know

should i cheat or not

i feel soo bad

i reckon u must be a muslim(i am not)..i heard somewhere u will be going against ur religion if u cheat

lol..  doesn't depend on religion.. it depends on ur faith... ur inner faith.. wat it says u do tht. I don't think any religion says tht u are allowed to cheat... and cheating is of different kinds too.. not jst 1.. so.. it doesn't really matter.. hope u understand :)
Help Yourself! And Everyone gets involved to take you to your destination!!

Freaked12

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #109 on: June 07, 2009, 04:42:06 pm »
huys my cousin will have the eco paper done before

he will be able to tell me what i need to know

should i cheat or not

i feel soo bad

i reckon u must be a muslim(i am not)..i heard somewhere u will be going against ur religion if u cheat

lol..  doesn't depend on religion.. it depends on ur faith... ur inner faith.. wat it says u do tht. I don't think any religion says tht u are allowed to cheat... and cheating is of different kinds too.. not jst 1.. so.. it doesn't really matter.. hope u understand :)

see my friend atheism says Do in whatever means possible to acheive what u aiming for..:D

Offline hmh

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #110 on: June 07, 2009, 04:44:21 pm »
And what does humanity says? Do anything to achieve what you want? whether you hurt everyone or not? doesnt matter?
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Freaked12

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #111 on: June 07, 2009, 04:49:01 pm »
And what does humanity says? Do anything to achieve what you want? whether you hurt everyone or not? doesnt matter?

why did u -repp me..lol
i am talking about those aims which involves no hurting anybody but a little bit cheating..lmfaooo.
duh!any aims involving murders are condemned by people regardless of faith..its in human nature to condemn it.

TBH i aint a atheist.I was just showing you how bad these people are :D

Offline hmh

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #112 on: June 07, 2009, 04:50:46 pm »
And what does humanity says? Do anything to achieve what you want? whether you hurt everyone or not? doesnt matter?

why did u -repp me..lol
i am talking about those aims which involves no hurting anybody but a little bit cheating..lmfaooo.
duh!any aims involving murders are condemned by people regardless of faith..its in human nature to condemn it.

TBH i aint a atheist.I was just showing you how bad these people are :D

believe me i didn't -rep lol.. i never clicked -rep till now and its more than 9 months me here. yea i got wat u meant.. ah well.. anways.. every time hope fr gud :)
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Offline hdbkiwi

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #113 on: June 07, 2009, 07:18:55 pm »
Construction of RPI
1 ) Selection of goods - it's nearly impossible to calculate the price changes of all the goods and services, so a basket of about several 100 goods are selected, these goods must be the goods that are used by an average family.

2 ) base year - this must be a normal economic year in which there are no political or economical imbalances. base year is taken as standard year with which rest of years prices are compared. price level in base year is represented by 100.

3 ) collection of data - statistical department of govt. collects info about the prices in the base year as well as current year (the year whose price level is supposed to be found) info is gathered from price-lists, newspapers, cooperative societys office, etc.

4 ) assigning weight - patterns of expenditure are different for different goods, ppl spend more on some goods and less on others. more weight shud be given to those goods that are being used relatively commonly.

weight= expenditure on the good/total expenditure

5 ) Index (prive relatives) are calculated by:-

INDEX = current year price/base year price X 100

6 ) Weighted Index is calculated:-

WI = weight X index

7 ) RPI = total weighted index/total weights

8 ) RATE OF INFLATION is calculated by takin % changes in current year average prices, i.e, RPI of current year to the base year average prices

Rate of inflation = RPI (current) - RPI (base)


Hope that helped.




GREAT explanation-thanks  ;D
Excuse me... have you seen my sanity... I think I lost it. ;)

Offline hdbkiwi

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #114 on: June 07, 2009, 07:22:38 pm »
and By the way atheists aren't necessarily 'bad' people lol...I could give you several thousand examples of religious-fanatics who have done some terrible things (not saying that religion is a bad thing-just saying that you don't have to be religious to be a good person   :))
Excuse me... have you seen my sanity... I think I lost it. ;)

Offline hdbkiwi

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #115 on: June 07, 2009, 07:23:26 pm »
thanks so much hmh for all your help in econ by reading this forum- +rep for you mate  :D
Excuse me... have you seen my sanity... I think I lost it. ;)

Offline beanii

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #116 on: June 07, 2009, 07:51:40 pm »
i need help with this question :-\
Discuss how the use of a protective meaure such as a tariff might be better than allowing free trade.(4 marks)
please answer as soon as you can..anyone! :-[

Offline beanii

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #117 on: June 07, 2009, 08:15:29 pm »
anyone??pleasee!!!i NEED to know! :(

Offline al noor

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #118 on: June 07, 2009, 08:21:39 pm »
i need help with this question :-\
Discuss how the use of a protective meaure such as a tariff might be better than allowing free trade.(4 marks)
please answer as soon as you can..anyone! :-[


maybe i can help dont knw :(..
Define what is meant by a tariff first and then..
umm if there is free trade then maybe the BOP will be deficit soo if they use a protective mesure like tariff..there will be less import and more export soo the BOP will be surplus and if there is a tariif on imported goods soo more people will buy domestic products soo employement will increase to produce the products and the GDP and econmic growth of the country will rise...i am nt sure abt this answer and hope it is right

Offline beanii

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Re: ALL ECONOMICS PREPRATIONS, DISCUSSIONS, Complete REVISION GUIDE here!!
« Reply #119 on: June 07, 2009, 08:27:58 pm »
i need help with this question :-\
Discuss how the use of a protective meaure such as a tariff might be better than allowing free trade.(4 marks)
please answer as soon as you can..anyone! :-[


maybe i can help dont knw :(..
Define what is meant by a tariff first and then..
umm if there is free trade then maybe the BOP will be deficit soo if they use a protective mesure like tariff..there will be less import and more export soo the BOP will be surplus and if there is a tariif on imported goods soo more people will buy domestic products soo employement will increase to produce the products and the GDP and econmic growth of the country will rise...i am nt sure abt this answer and hope it is right
hmm...it makes sense! :)
thanku so much!
+ rep 4 u! ;)