Author Topic: ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!  (Read 80634 times)

Freaked12

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #165 on: June 10, 2009, 02:52:56 pm »
Any doubts abt any paper 1 or 3 (until 2008) now paper 1 (2009 onwards) are welcome here.

About the exam : Paper time: 45 minutes Questions:30
hey hmh do you have answers to econ questions before 2000?  :)
mate from 2006 to 2008..thats the best u can do..plz...dont overload yourself.LOL
inni mini miny mo catch a tiger by its toe if its scream let it go inni mini miny mo and the answer is B...Lol

Offline hmh

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #166 on: June 10, 2009, 02:54:38 pm »
lol freaked.. stop freaking :P. I have done 2004-2008 all past papers abt a year ago i guess.. and im jst sitting here to help now :P
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Offline xxemoxx

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #167 on: June 10, 2009, 03:03:25 pm »
Hey guys, Do you know any good site for MCQs practice?
I have done papers from 2003-2007.

Offline hmh

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #168 on: June 10, 2009, 03:07:09 pm »
Hey guys, Do you know any good site for MCQs practice?
I have done papers from 2003-2007.


Thats more than enough i would say lol.. erm.. dont hav 1 yet tht got MCQs.. but will let u knw if i find one :)
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Offline hdbkiwi

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #169 on: June 10, 2009, 04:12:43 pm »
Question M/J/04 # 20
Why are firms making similar products often located near each other?
A Competition may be reduced.
B External economies may be possible.
C Land may be cheaper.
D Overheads may be increased.
The answer is B. What is 'external economy' and what are 'overheads'?
Thanks :)
Excuse me... have you seen my sanity... I think I lost it. ;)

Offline aquarian93

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #170 on: June 10, 2009, 04:39:16 pm »
omg i hav the same question!
and i think ders smthng rong wid da mark scheme of may 04 in this website? its weird :S

nid404

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #171 on: June 10, 2009, 04:42:28 pm »
Question M/J/04 # 20
Why are firms making similar products often located near each other?
A Competition may be reduced.
B External economies may be possible.
C Land may be cheaper.
D Overheads may be increased.
The answer is B. What is 'external economy' and what are 'overheads'?
Thanks :)

external economies r benefits like low transport costs, skilled labour,etc...which u get when a particular industry is localized. Overheads are the running costs

Offline hdbkiwi

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #172 on: June 10, 2009, 04:45:10 pm »
Question M/J/04 # 20
Why are firms making similar products often located near each other?
A Competition may be reduced.
B External economies may be possible.
C Land may be cheaper.
D Overheads may be increased.
The answer is B. What is 'external economy' and what are 'overheads'?
Thanks :)

external economies r benefits like low transport costs, skilled labour,etc...which u get when a particular industry is localized. Overheads are the running costs
thanks nid +rep mate :)
Excuse me... have you seen my sanity... I think I lost it. ;)

Offline Name

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #173 on: June 10, 2009, 04:54:45 pm »
omg i hav the same question!
and i think ders smthng rong wid da mark scheme of may 04 in this website? its weird :S

it IS weird i was just doing this paper. some answers were like WAT?? especially the one about the substitute and the limited seats one

Offline hdbkiwi

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #174 on: June 10, 2009, 05:00:02 pm »
omg i hav the same question!
and i think ders smthng rong wid da mark scheme of may 04 in this website? its weird :S

it IS weird i was just doing this paper. some answers were like WAT?? especially the one about the substitute and the limited seats one
the supply is fixed so its vertical-demand is relatively inelastic-lol I got it wrong because i put supply infinite because I did it too fast^^

I have another question-whats a 'basis of taxation' or a 'tax base'? and what are commission payments?
and what is 'current income balance' and 'current transfer balance' well maybe what's the difference might be better-I know its related to BOP but...yeah help would be appreciated thanks :)
« Last Edit: June 10, 2009, 05:19:30 pm by hdbkiwi »
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Offline Sweet_03

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #175 on: June 10, 2009, 05:08:16 pm »
Hello ,

Can Someone plz explain the types of unemployment

Offline hmh

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #176 on: June 10, 2009, 06:49:19 pm »
Hello ,

Can Someone plz explain the types of unemployment

Structural: Unemployment that results from a mismatch between supply and demand for workers.
Frictional: A type of unemployment explained by people being temporarily between jobs, searching for new ones.
Seasonal: In this case, like that of cyclical unemployment, the number of job-seekers exceeds the number of vacancies.
Cyclical: This refers to unemployment that rises during economic downturns and falls when the economy improves.
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Offline anusha500

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #177 on: June 10, 2009, 07:10:06 pm »
does a multinational sell shares? ... and do they sell em on the stock exchange?

Offline hdbkiwi

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #178 on: June 10, 2009, 07:11:45 pm »
omg i hav the same question!
and i think ders smthng rong wid da mark scheme of may 04 in this website? its weird :S

it IS weird i was just doing this paper. some answers were like WAT?? especially the one about the substitute and the limited seats one
the supply is fixed so its vertical-demand is relatively inelastic-lol I got it wrong because i put supply infinite because I did it too fast^^

I have another question-whats a 'basis of taxation' or a 'tax base'? and what are commission payments?
and what is 'current income balance' and 'current transfer balance' well maybe what's the difference might be better-I know its related to BOP but...yeah help would be appreciated thanks :)
anyone know any of these?? pleease haha :)
Excuse me... have you seen my sanity... I think I lost it. ;)

Offline hmh

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Re: ALL ECONOMICS DISCUSSION, PAPER 1 HELP HERE!!
« Reply #179 on: June 10, 2009, 07:12:50 pm »
does a multinational sell shares? ... and do they sell em on the stock exchange?


A multinational business is a form of PLC but one which produces in more than one country apart from its own. So basically yea it sells shares on stock exchange.
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