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and if u did the base year which is 130 over current cpi, you wuld of f***n realised its A!

OMG THE BASE YEAR IS 130!!!!!! 6000 divided by 130which is base year) x 100 = $4615 Now for the 2nd one, it = 6800 x 130/150=5893 . usually when the human development index rise 0.15 there is not a decline in gdp, standards of living wuld be higher, people wuld be earning higher incomes etc...

ajay is correct.

yehhh thats ok man. yeh lots of ppl wil get that question wrong.

well i thought the same thing about physics also, until i came across a thread talking about these 3 subjects and their difficulty. i am trying to find it now. someone said economics was the best 2 unit subject to do well in if i remember correct.

well i was unsure as to whether to use the multiplier, so i instead found the trend, that each year that consumption raises 50, income raises 100, so i assumed wen it raised to 300, that income would be 800. not sure if this is right though.

i also got D for the multiplier question.

yes bro but as 130 is the base year bro, u divide 6000 by 130 then times by 100.

thats what ive been trying to say for the past 2 pages. but yehh haru i got a, the gdp increasing.

hmmmm, yeh this message board probably should pay me for my inputt.

economics is classed just as hard as physics and chemistry. to get 90 in physics one year,78 was the cut off. i am so sorry but you don't know what your talking about.

bell no way it would be 88, the cut off for pe for is around there, economics scales just as well as physics if not better, a raw mark of around 82 shuld get you band 6.

Thoughts? Raw marks to get band 5 or 6?

madsam you are hektik mate. i agree 12 is (A) bro.

for year 2, you were supposed to do 130/150 to calculate real gdp for year 2. not 100/150.

geeezz. damn thats dumb. choosing c. lmao

someone proove me otherwise? because you obviously all are stooges, who do not know how to calculate real gdp for year 3. and instead did 100/150, which is incredibly wrong.

mataa.. okkk the formulaa to calculate real gdp is Nominal GDP x 100/CPI. okay now listen carefully. 100 is the base year, generally you are given year 1 and year 2. okay. year 1 is 100. hence year 2 was the first year in this case, so to calculate real gdp. it is 130/150 x nominal gdp, which...

lol you all got fooled with 12. except me :D

12. is A. you alll got tricked. to calculate the nominal gdp, yu have to Nominal GDPx Year 2/CPI. 100/CPI only refers to the second year, as 100 is usualy base year, but for year 3 base year is year 2. mauahhahah