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Btw, I'm pretty sure there are answers for that workbook on the internet. Find the Leading Edge website. It should be there somewhere.

I doubt they'd ask this in the actual HSC, but deregulation just means the removal of government regulation or controls over the labour market, which then allows for a decentralised wage determination system. Decentralisation is where wages are determined by market forces and are negotiated...

lolololol, what if the alternative is labour market policies.

Pretty likely, seeing how it hasn't been tested as an essay in the last 5 years

Okay, seems lik i missed the 'marginal' part. Big mistake to have missed it ==' Scratch my previous explanation. Now, I'm not sure then. But I think it's similar to marginal propensity to consume/save. If you recall, marginal propensity to consume is the proportion of each extra dollar of...

The switch needs to be on. i.e. the part with the two dots and a line pointing away means that the switch is off.

Since the multiplier is equal to 1/mps, we now try to find mps which is equal to change in saving divided by change in income. I.e. mps = 100/200 = 1/2. Therefore multiplier = 2

Yes it is, but we aren't given the taxation level, so we can assume this is just an example of a two sector economy. So we'll just assume income is given by consumption and saving only.

Well, Y = C + S, where Y is income, C is consumption and S is saving......

In economic expansion, there is economic growth. In economic growth, there is a decrease in cyclical unemployment. With less people unemployed, the government pays out unemployment benefit payments to less people. Thus unemployment benefit payments decrease. Also, in economic growth, there is...

So to make this a bit simpler, let the number of students 'n' be 3. Let the students be named A, B and C. To keep this simple, I'll only consider the nC1 and nC(n-1) in the series. So nC1 for Room 1 in our case would be 3C1 and the possible events would be Room 1: A Room 2: B,C Room...

Usually when you see something like z1+z2 and/or z1-z2, you would think about drawing the parallelogram. If a question asks you to show that something is purely imaginary, you would either: 1. convert into the form x+iy and prove that x =0 or 2. prove that the argument is equal to plus or...

you're welcome =p

Well, the location of 3/z on the Argand Diagram doesn't really matter, since a triangle will be formed with z, 3/z and the origin, regardless of where, z or 3/z are. But if you really want to know, I'm not sure if my way of thinking is correct, but if you let z = x+iy and realise 3/z, you end up...

In the diagram, you can clearly see the triangle, then using the Triangle inequality (i.e. one side is always less than the sum of the other two sides or else it wouldn't be triangle). Soz I have no idea how to use LaTeX, so i used MS Word lol. The diagram is the 2nd one attachment.

Kirchhoff's Voltage Law*

Learning more than is required never hurt anyone. =p

If you already know what potential and potential difference is, you can skip the next 2 paragraphs. So basically, the power supply adds potential energy to the current of the circuit, going anti-clockwise in this case. The total amount of energy added per unit charge is obviously the voltage of...

11. A printed page of a book is to have a side margin 1cm, a top margin of 2cm and a bottom margin of 3cm. It is to contain 200cm^2 of printed matter. Find the dimensions of the page if the area of paper used is to be a minimum. Let x = width of the printed matter. Let y = height of the...