Qualification > Commerce
ECO PAPER 1
aquarian93:
--- Quote from: ni on June 13, 2009, 03:19:14 am ---
--- Quote from: aquarian93 on June 13, 2009, 02:12:54 am ---guys hw abt for the "credit" question? he's keen to pay it off, bt spends more instead.
i said, the prices of essential goods increased. hw abt u guys?
--- End quote ---
Yeah some of my friends said that too!
I said that his weekly earnings would have increased though...=/
--- End quote ---
yea even i thoght that, but he was keen to repay it rite, so if he got an increase, it would be an even better opportunity for him to repay it, and get rid of it. but if the prices of "essential" goods increased, like food, he would hav no choice. jus my opinion k :)
therealhyebyekadal:
to all those people saying tht its puble expenditure then why did the question say
gross investment??? shouldnt it include the public expenditure also>???/
atleast part of it.
and in real life u cant have NO exports thats not very convincing .
therealhyebyekadal:
But its ok because by the looks of it I got everything else correct( Comparing the answers with you guys!)
ni:
--- Quote from: therealhyebyekadal on June 13, 2009, 04:44:34 am ---to all those people saying tht its puble expenditure then why did the question say
gross investment??? shouldnt it include the public expenditure also>???/
atleast part of it.
and in real life u cant have NO exports thats not very convincing .
--- End quote ---
For that question you were basically deriving the answer from C + I+ G+ (X-M)
And it was a closed economy so we can then eliminate (two X-M) from the equation. They'd mentioned the other ones so only government expenditure if left.
Sorry if people have already said this before, I'm just explaining.
Even I got one wrong; i'm not sure if its the only one though. It's the one about the person who is keen to pay back etc...
therealhyebyekadal:
i still think its the other one but its ok its too late anyway@!!!
lol i screwed up in physics big time!!!!
anyway lets all just forget about htis since we can worry after we get our results
though i think well still do ok..)
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