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Ahaha this thread though I think that 1800 - 2000 words is overkill but 800 is going to be a bit short for 20/20 in the HSC. I generally do around 1300-1500 and it gets me full marks. Shivers if you could do 800 words high quality and get 20/20 you could finish the exam 40 minutes early and...

sometimes the base year doesn't have 100 CPI though, and you just have to work it out logically

A D D C A A A C C B C D B (this is the one where it should be 48.3 not 48.2) D A C B C D Hope this helps!

Always original year generally

Sick thanks guys Pretty disappointing cause this was from the 2014 CSSA paper haha

Can't see the image But real GDP is nominal GDP when you take into account inflation (pretty sure the formula is real = nominal x (base year / CPI))

bump

Hey guys, With the below question, the answer is B. But that makes no sense, I kept doing the calculations and got 48.3bn not 48.2bn. Please have a go at the question and let me know what you get, I'm curious as to whether I stuffed something up or the markers did... Cheers...

How do budget outcomes carry over between years? For example: The following data represents budget outcomes for a hypothetical economy between 2011/12 and 2012/13 Budget Outcome 2011/12: $20 billion 2012/13: $15 billion Which of the following statements explains the government...

Cheers man. Two quick things 1) where does the exchange settlement accounts fit in 2) by buying second hand government securities doesn't that increases the demand, not supply, and shouldn't this decrease the liquidty on the market cause they are buying not selling?

Re: 2015 HSC Economics Marathon Alright, for the "outline how the changing global financial architecture has affected floating currencies" I would say: In the globalised world, the increased interdependence between nations has ultimately led to a significant increase in forex market...

Re: 2015 HSC Economics Marathon Alright, for the "outline how the changing global financial architecture has affected floating currencies" I would say: In the globalised world, the increased interdependence between nations has ultimately led to a significant increase in forex market...

Heyo, We did macro really quick so I don't really get how monetary policy comes together. Like, I get the Exchange Settlement Accounts with the RBA bit and then their is the domestic market operations through buying and selling Commonwealth Government Securities, but how do these to things...

Yeah sounds good Just I'd be a bit worried about if it looked messy, if only we could bring in a curve drawing template lol

Thought about the business cycle, that would be a wavy line though and I thought it is advised not to do those and just do stuff with rulers (e.g. How we don't draw the AS and AD model or Phillips curve in a non-linear way) PPF definitely a good idea, even for topic 1

like 12 or 13

here is a list but not the actual diagrams, anything in bold is not really required but can help to supe up your responses Topic 1/2 -Overall world supply diagram -Tariff -Quota -Subsidy -Exchange rate diagram (float + fixed, including shifts in D and S) -J-curve diagram Topic 3/4 -Keynesian...

Hey, I actually really liked the paper, the two examples of OHS policies almost stuffed me up but then I remembered something from where I volunteer haha. Multiple choice were also heaps easier then all the practice CSSA papers I did. Business scenario was pretty chilled, heaps of good...

Yup it is

I got a UAC thing in the mail this afternoon