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  1. gnrlies

    multiple choice

    A and C are equally as likely as D. So its A C and D
  2. gnrlies

    multiple choice

  3. gnrlies

    multiple choice

    You sure the question isn't asking what DOESN'T indicate globalisation? A, C and D are all correct. In this case leakages are less than injections. As a result in order to satisfy the excess demand there will be an untended run down in stocks. So C - stocks will decrease. These are both...
  4. gnrlies

    Appreciation of the $A question?

    Yes consider the following example... For simplicity sake assume the lending and borrowing rates are the same and there is no inherent risk in lending or borrowing. Interest rates in USA = 4% Interest rates in Aus = 8% Would it not make sense for an American to borrow at 4% and invest...
  5. gnrlies

    economic impact of environmental management

    Decoded: in an economy any exchange that benefits both parties should be made. I.e. if party A is willing to pay X amount of dollars to be able pollute, and party B is willing to receive X amount of dollars from A in order to suffer the negative consequences of pollution; then this transaction...
  6. gnrlies

    Syllabus vs Textbook

    It is not a good idea to think this way. Thinking that the structure to any essay can be derived from the HSC syllabus, or the headings of a textbook is not going to produce an organic answer that deals with the specifics of the question. Unlike in business studies, economics questions tend...
  7. gnrlies

    Question on Case Studies

    No HSC examination has included the case study in any other section other than in the extended response section. Also, every HSC to date has given students an alternative (i.e. one question is a case study q, and the other isn't). However if you are going to take the presumption that...
  8. gnrlies

    Confusion Over Multiple Choice Question

    Yes a nice piece of insight into the 'economic problem'
  9. gnrlies

    List of things that make a CV look good

    Ive worked in recruitment before so I can give you a few ideas. The resume is the main screening device for most employers which means they use it purely as a tool for determining who to ask in for an interview etc so it can be good to have a good resume, or at least one the speaks to the...
  10. gnrlies

    Confusion Over Multiple Choice Question

    Well as I said, its not worded well so if you take the wording literally then yes. But please realise that if this were an HSC question both A, B, and C would be accepted as correct answers (they do this when a technicality makes another answer potentially correct). This probably indicates...
  11. gnrlies

    Factors of production

    Capital goods require money to purchase them. Obviously whoever provides the capital must earn a return for providing that capital otherwise why would they provide it? You (and I am sure many others) get confused between capital goods and capital (as in money) by thinking of them as two...
  12. gnrlies

    Confusion Over Multiple Choice Question

    I think you are probably all thinking about this too hard. The answer is: the question is not worded particularly well. You won't get an unclear question like this in the HSC Does this help everyone out? Obviously if you kill everyone in the world then you wont have any crime in the...
  13. gnrlies

    World Youth Day 08

    Do you not understand that it is a religious event? This is where the problem lies. Not that it is a youth event.
  14. gnrlies

    World Youth Day 08

    I think it is a bad idea because it sets a bad precedent. The government shouldn't be spending money on an event that is obviously exclusive. Only a certain group in society will reap the benefits. The catholics might say everyone is welcome, but the whole point is that only catholics would...
  15. gnrlies

    World Youth Day 08

    haha I gotta say, like I totally respect the right of people to believe in what they want to but I can't understand how anyone could follow a major religion. Particularly when these people have no desire to question their faith. What makes your religion better than anyone elses. If you...
  16. gnrlies

    Net foreign liabilities?

    yes but foreign debt is uniquely different to foreign equity.
  17. gnrlies

    economics essay urgent. redone

    certainly a supply and demand diagram is useful, but perhaps also consider what happens when a minimum wage is set (think about what happens in any market where a price floor is set). Wage fixation typically means minimum wages. AWA's, certified agreements etc are usually negotiated above the...
  18. gnrlies

    Net foreign liabilities?

    I think you are missing what is meant by net foreign liabilities. Foreign liabilities is net foreign debt + net foreign equity. This is covered in the leading edge textbook I.e. debt = short term financial flows such as loans and speculative investments equity = stable investments over...
  19. gnrlies

    Help

    Just a question, why is it that you want to convert quarterly inflation data into yearly data? This is a complete waste of time. The percentage change numbers that you have listed refer to the percentage change in the CPI from the corresponding quarter in the previous year. For Example...
  20. gnrlies

    Simple question on eco growth and environment

    What are you talking about? ppc? Anyway, basically there is nothing to suggest that economic growth will come with a depletion of natural resources... If I take workers in manufacturing and put them into services where they can generate more returns, then I am achieving economic growth...
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