Section I - Multiple Choice (3 Viewers)

[Rafy]

Share and discuss your MC answers here

 

[asadass]

Was the price of the subsidy $4?
and
Was the answer to 20, D?

 

[inJust]

I got 2 for the subsidy... don't remember the answer to 20.

 

[jeffwu95]

2

 

[cookeemonstah]

shit i got $2 what did u guys get for the supply graph question
and the budget question (leakages thing)

oh and what was question 20 btw? (the question not the answer)

 

[Washy_182]

I got $4 for the subsidy.

The answer to 20 is D.

I had these answers

 

[Washy_182]

shit i got $2 what did u guys get for the supply graph question
and the budget question (leakages thing)

oh and what was question 20 btw? (the question not the answer)

I worked out the budget to be balanced... So B C and D weren't correct. So A? But I wasn't sure...

 

[RishBonjour]

it was $2 bucksss brahhhhhhhhhhhhhzzzz

 

[chgeo]

Subsidy definitely 2
question 20 D
Question 2 was decreasing number of awards
that's about it for "tricky" ones from memory

 

[inJust]

It was a budget surplus cos GS < TAXATION

AND IT WAS 2 YOU NONGS.

 

[cookeemonstah]

iono I worked it out as balanced but A was impossible since exports> imports so... when you eliminate the impossible, whatever remains however improbable is the truth.

 

[inJust]

Guys I think I got full marks MC.

 

[inJust]

iono I worked it out as balanced but A was impossible since exports> imports so... when you eliminate the impossible, whatever remains however improbable is the truth.

Budget surplus is only putting into perspective GS and TAXATION. SO IT'S B

 

[asadass]

Question 20 was what will reduce the amount of Australian imports and alternated answers between contractionary/expansionary economy and a depreciating/appreciating exchange rate

The answer for the budget question was a government surplus

 

[inJust]

Question 20 was what will reduce the amount of Australian imports and alternated answers between contractionary/expansionary economy and a depreciating/appreciating exchange rate

The answer for the budget question was a government surplus

I am in aggreement with you

 

[User12]

Really happy with MC

 

[Engen]

I got 20/20

NYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA MAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAD?

the stooge bishes in my class even found it easy

 

[paddydbarry]

-

 

[cookeemonstah]

Question 20 was what will reduce the amount of Australian imports and alternated answers between contractionary/expansionary economy and a depreciating/appreciating exchange rate

so.. it was expansionary and appreciating rite?

 

[chgeo]

You are a deadshit, the value of the subsidy is given by the vertical distance between the supply curves.