Qualification > Commerce

ECO PAPER 1

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aquarian93:

--- Quote from: CrEaTuRe_X on June 13, 2009, 09:58:10 am ---
--- Quote from: aquarian93 on June 13, 2009, 09:46:57 am ---
--- Quote from: CrEaTuRe_X on June 13, 2009, 08:44:37 am ---
--- 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 ---

It doesnt need to be, Examiner *censored* was just testing our theoretical knowledge, weather we knew what closed economy is, I didnt even read the question, about the person who is willing to pay back the debt, It is higher salary, If the price of the goods increase, say chocolates or chips, (because it never said anything about ESSENTIAL goods, we take it as general price increase), he will spend less, the only logical answer is Higher salary, as more money means he has more disposable income to spend.

--- End quote ---

im sure it said ESSENTIAL goods

:)

--- End quote ---

haha, ok if it makes you sleep better at night, it did. ::)

--- End quote ---

omg, pls dont take it in a negative way okie, im jus saying i thoght it sed dat. no worries :) :) good luck for results!

ashisonline:
AHHHHHHHHH, I GOT 3 PTS OFF, BUH OH WELL. :/


lol.

ni:

--- Quote from: aquarian93 on June 13, 2009, 11:11:13 am ---
--- Quote from: CrEaTuRe_X on June 13, 2009, 09:58:10 am ---
--- Quote from: aquarian93 on June 13, 2009, 09:46:57 am ---
--- Quote from: CrEaTuRe_X on June 13, 2009, 08:44:37 am ---
--- 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 ---

Haha guys it's okay; even I said higher salary but I can see where the essential goods people are coming from. It did say essential goods though...it's just that the higher salary was the first thing that popped to my mind when I read the question :)
Oh well.
Fingers crossed.

It doesnt need to be, Examiner *censored* was just testing our theoretical knowledge, weather we knew what closed economy is, I didnt even read the question, about the person who is willing to pay back the debt, It is higher salary, If the price of the goods increase, say chocolates or chips, (because it never said anything about ESSENTIAL goods, we take it as general price increase), he will spend less, the only logical answer is Higher salary, as more money means he has more disposable income to spend.

--- End quote ---

im sure it said ESSENTIAL goods

:)

--- End quote ---

haha, ok if it makes you sleep better at night, it did. ::)

--- End quote ---

omg, pls dont take it in a negative way okie, im jus saying i thoght it sed dat. no worries :) :) good luck for results!

--- End quote ---

aquarian93:
hehe yea :)

aquarian93:
bt guys, how cum very few ppl are discussing this time, its so empty ???

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