Eco predictions/thoughts (3 Viewers)

[chardzard]

what stats should i remember for my eco essays?

 

[Morninfofhello]

don’t.blame me ness when i start talking about poly pep tart synthesis when im asked about globalisation

 

[jhjh061004]

just to confirm nesa markers wont fact check u on quotes right.... if I just make them up on the spot and some random economist

 

[K2Trappy]

just to confirm nesa markers wont fact check u on quotes right.... if I just make them up on the spot and some random economist

I mean if ur theory is correct, smo prob came up with it

 

[Dontcallmedude]

I don't think so, I think the answers r wrong, bc an appreciation in aud would decrease international competitiveness no? and the TOT have obvi improved.

Isn't that a depreciation in aud? AUD/USD meaning in the basic form it's 0.9 whatever = 1 and 1.1 = 1. Thereby 1 USD is worth that much more in yr 2 than 1.

 

[tvskAXatar]

Hiii anyone know why this question from 2021 CSSA trial is B and not C? maybe I am forgetting my maths haha its been too long View attachment 45573

My teacher said that was a CSSA error

 

[tvskAXatar]

Do these questions mean AUD to USD, or USD to AUD???

 

[Dontcallmedude]

Do these questions mean AUD to USD, or USD to AUD???

Question states Australian economy

 

[tvskAXatar]

Question states Australian economy

So which way?

 

[haminifhei]

guys im crashing the FUCK OUT

 

[Dontcallmedude]

So which way?

Australian bruv

 

[Dontcallmedude]

Australian appreciation or depreciation

 

[Dontcallmedude]

guys im crashing the FUCK OUT

Lol GOOD LUCK

 

[radish33]

Isn't that a depreciation in aud? AUD/USD meaning in the basic form it's 0.9 whatever = 1 and 1.1 = 1. Thereby 1 USD is worth that much more in yr 2 than 1.

its confusing asf cuz AUD/USD is the convention for expressing indirect quotation, even though to actually calculate it u divide USD by AUD

from RBA explainer:
"The AUD/USD exchange rate gives you the amount of US dollars that you will receive for each Australian dollar that you convert (or sell). For example, an AUD/USD exchange rate of 0.75 means that you will get USD 75 cents for every 1 AUD."

 

[Dontcallmedude]

Honestly memorising stat's is so lame. Might just yolo

 

[radish33]

Honestly memorising stat's is so lame. Might just yolo

ong too many numbers too little time

 

[tvskAXatar]

isn't that bio
do you have both tmrw

Yes

 

[Dontcallmedude]

its confusing asf cuz AUD/USD is the convention for expressing indirect quotation, even though to actually calculate it u divide USD by AUD

from RBA explainer:
"The AUD/USD exchange rate gives you the amount of US dollars that you will receive for each Australian dollar that you convert (or sell). For example, an AUD/USD exchange rate of 0.75 means that you will get USD 75 cents for every 1 AUD."

That's so stupid

 

[radish33]

That's so stupid

ik who tf approved this i hope we dont get a calc question like the CSSA one

 

[haminifhei]

quick tip from old girls from my school, (they got like 90+ in eco) they said if ur gonna waffle try to draw 'believable and niche' stats from the GFC, COVID, MIB1&2 + transition period + during the V-Shaped recovery