CSSA 2004 Multiple Choice Answers??? (1 Viewer)

[nick1048]

Hmmm, does anyone have the real answers for this thing? I'll post up what I got anyway, but I warn you we have not done labour markets or microeconomic policy yet. The rest should be ok... should be =/

1. B
2. C
3. D
4. C
5. A
6. A
7. C
8. D
9. C
10. D
11. A
12. D
13. C
14. B
15. A
16. A
17. B
18. B
19. A
20. C

if anyone can get the real answers it would greatly help. Thanks =)

 

[nick1048]

I don't noe the answer to 4 so i'm willing to take your answer (we havent done that yet)
5. I'm not to sure about either, but i'll stick with my answer - I'm not too sure about the reliance on agriculture, look at China or India as developing economies.
10. Your refering to cyclical unemployment due to a downturn in the economic cycle, therefore this is NOT the natural rate of unemployment. I still think the answer is D
12. Are u sure the government has reduced expenditure? My studies of the budget seem to disagree, although you could well be correct.
13. if a tariff is imposed, this would make domestic produce cheaper relative to imported good. Why would there be an increase in long term international competitveness? The effect would infact be opposite, competitiveness on global markets would decrease.
15. It is C, sorry I had visitors over and wasn't concentrating on this question.
16. It is D, your quite right for this question
19. As the Gini Coefficient approaches 1, income distribution becomes perfectly UNEQUAL. Thus, the greater the coefficient, the greater the inequality. The answer is infact A.
20. you are right. D is the correct answer.

 

[mattchan]

Heres mine:

1. B
2. C
3. D
4. C
5. B
6. A
7. C
8. D
9. C
10. A
11. A
12. A
13. C
14. B
15. C
16. D
17. B
18. B
19. A
20. D

 

[mattchan]

I'm pretty sure Question 10 is A because natural rate of unemployment doesnt taken into account structural unemployment but mainly cyclical etc.

 

[nick1048]

I hate some of these "debatable" questions but I can see your point for some of them. Thanks for your answers

 

[lollipoplisa7]

hey

i got these from my teacher....cssa 2004 trial answer sheet

1- B
2- C
3- D
4- A
5- B
6-A
7-C
8-D
9-C
10-B
11-A
12-B
13-C
14-B
15-C
16-D
17-B
18-B
19-A
20-D

 

[sunjet]

I got everything but 12, because it's referring to 04-05 budget ey?

 

[sk8ie_boi]

hey

i got these from my teacher....cssa 2004 trial answer sheet

1- B
2- C
3- D
4- A
5- B
6-A
7-C
8-D
9-C
10-B
11-A
12-B
13-C
14-B
15-C
16-D
17-B
18-B
19-A
20-D

are you sure these are from the actual answer paper?? cuz our teacher went through it wif us, and the answers are different

 

[lollipoplisa7]

im pretty sure...i duno
i havent gone through them yet but its on the yellow marking guidelines which goes over the whole paper.......

i duno?? maybe they are wrong?? were there are lot of answers different?

 

[sk8ie_boi]

oh nah, just one or two that was different..

 

[sk8ie_boi]

like question 12, he said dat the government will never increase tax to finance expenditure... hmmz maybe he didn't read the question properly, since it's asking what has happened and not how it has finianced..

also question 20, my teacher said dat its A .. but I still fink it's D .. since it's about selling off 49% of the government owned company..

 

[nick1048]

10 and 12 are wrong

the rest are top knotch thanks guys

who needs answers when you have the BOS economics crew on the job XD

 

[sunjet]

How is 10 wrong, natural unemployment includes structural unemployment.

 

[sk8ie_boi]

Well, not exactly.. I mean, since the nature rate is the amount of unemployment that will always exist, therefore structure is not fully part of it, as people affected by structual unemployment are able to gain new skills --> jobs, after education...

 

[nick1048]

I think we all need a bit of research into the natural rate of unemployment. Btw I haven't fully begun my study for economics so please excuse the rustyness

 

[sk8ie_boi]

lol correction... structural unemployment is a cause of nature rate

 

[nick1048]

yup hahahaha after some research your right sunjet. All things considered, for not studying I think my attempts at the multiple choice are ok. A few pedantics I will correct before my exams =D. Thanks alot guys and galz