Qualification > Commerce
How was the economics paper 3?
bilal920:
Im dying to know some answers but ill have to wait for 24 hours :-[
bilal920:
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Hwa1:
i just wrote a huge msg but realised 24 hours havnt passed since i did it lol, overall it was OK but i'll discuss questions in a few hours :p
bilal920:
lol sry i forgot tht there was an hour left?? big deal
Hwa1:
some questions were completely crazy but oh well
airline thing i remember having trouble with but regarding the options....i cant remember what they were but i put B lol.
and the BOP deficit thingy i think was import tarrifs
any1 know the answers to questions:
2 - the utility thing
16 - broad/narrow money question
26 - the curve sloping down and to the left..something to do with rate of change of wages and employment
28 - natural rate of unemployment
29 - an economy has underemployed resources, how an a govt finance watevr to get them used...A was borrowing from central bank, B was borrowing from private sector. i forgot options C and D but im pretty sure it was either A or B
Another question about national income and governemnt spending, the answers were like $25,000 million etc. i put 20 (i think that was B) but i dno if its right =/
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