Qualification > Commerce
economics mcqs
Freaked12:
--- Quote from: zxcvbnm on June 03, 2010, 03:26:43 pm ---i need help in the following questions :
june 09---26,30
june 08---15,23
nov 06 ---8,26
june 06---19
nov 05 ---25
nov 04---8
june 04---25
nov 03---22
june 03---19
--- End quote ---
November 05
You have to look at the price index simple
because that shows the rate of inflation over a period of time which was country B.
if you looked at the money supply which also causes inflation then there are no choices because every country's supply is increasing
which then leaves us with price index
Freaked12:
--- Quote from: zxcvbnm on June 03, 2010, 03:26:43 pm ---i need help in the following questions :
june 09---26,30
june 08---15,23
nov 06 ---8,26
june 06---19
nov 05 ---25
nov 04---8
june 04---25
nov 03---22
june 03---19
--- End quote ---
November 06
Its clear C
because when it says inferior income elasticity could only be negative
so it leaves is with A and C
When it says complement,Cross elasticity should also be in Negative so answer is C
Freaked12:
--- Quote from: zxcvbnm on June 03, 2010, 03:26:43 pm ---i need help in the following questions :
june 09---26,30
june 08---15,23
nov 06 ---8,26
june 06---19
nov 05 ---25
nov 04---8
june 04---25
nov 03---22
june 03---19
--- End quote ---
November 06 26-
Causes of Cost push inflation are only
rise in wages through any method like increase in trade union power etc and depreciation in Curreny account.
Supply of money is all together another cause of inflation and not related to cost push
zxcvbnm:
ok thanks!
Flip:
Can somebody help me out with the following MCQ questions for CIE AS Economics Paper 1?
May/June 2006 - 4 & 27
October/November 2006 - 26 & 27
May/June 2007 - 29
Thank you in advance.
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