• Best of luck to the class of 2024 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page
MedVision ad

Multiple choice answers right here.. (1 Viewer)

prusso

Member
Joined
Mar 1, 2004
Messages
297
Location
ryde
Gender
Male
HSC
2004
i agree with u on 17 and 14 but the others u got wrong disco dave

and v-tech dont be overconfident mate, quality over quantity anyday.
 

Sweet_Lemon

Final Sem'
Joined
Mar 1, 2004
Messages
1,447
Location
Metro SYD
Gender
Female
HSC
2004
1) C, i didnt think IMF had any control over the forex market. but they did help developing countries with finanical problems and assistance

tat's World bank's thino~~~
 

PhiL

Member
Joined
Apr 4, 2003
Messages
56
Yeh i got all of those answers but im pretty sure Q17 is B Because FL=FD + FE and in the first year:
FD + 90 = 150 {therefore FD = 60)

Second year:
FD + 250 = 300 {therefore FD = 50)
So i thought FD was in fact decreasing so it wasnt a so i but B).
THats my reasoning but someone will probably prove me wrong!
 

disco_dave

is the disco_king!
Joined
Oct 14, 2003
Messages
465
Location
South Side lil old G-town
Gender
Male
HSC
2004
prusso said:
i agree with u on 17 and 14 but the others u got wrong disco dave

and v-tech dont be overconfident mate, quality over quantity anyday.
explain.... 15 has to be C, theres no other answer in there that net income could be. unless ommisions are a few million dollars that year!
 

masteraal

Member
Joined
Jun 7, 2004
Messages
118
14B doesnt make sense...thats why i put it :p

export price/import price *100 gives u terms of trade
if export increases and import decreases obviously TOT goes up
it cannot by definition go down

therefore 14.A
 

sgt

New Member
Joined
Mar 16, 2004
Messages
29
ugh i'm stupid d for 6
i would like 15 to be C but masteraal convinced me otherwise
i still think b for 17... some1 back me up heh
i thought investment goes into capital account...20 A........ugh y not heh
ahh well 16/20 if those are right
 
S

Shuter

Guest
disco_dave said:
1) C, i didnt think IMF had any control over the forex market. but they did help developing countries with finanical problems and assistance

10) C (interest rates will increaser to tight ecomony and lower inflation... decrease in income tax rates [is that the percentage not the bracket??] which will encourage people to become employed, thus increase umemployment)

14) B, think this could have been which ever way you interpert it... i thought TOT will deteriorate becuase less exports will be sold and more imports bought, > worsening of TOT)

15) C for sure, two accounts = 0

17) A, net foreign is still increasing but at a slower rate. Although i can see B being right too.

thats my reasons...
1. No, the IMF is to smooth out currencies resulting in trade being more reliable. D is 100% the correct answer.

10. Please explain how encouraging people to be employed will increase unemployment.

14. Terms of trade is export/price over import price. I think I just didn't read the question.

that's right, two accounts equal 0 therefore current + Cap&Fin = 0 therefore current account = -Cap&financial. I fucked this but it'a A not C.

Net foreign debt is not increasing, Netforiegn liabilities = net foriegn debt + net foreign equity. Answer is B.
 

masteraal

Member
Joined
Jun 7, 2004
Messages
118
disco_dave said:
explain.... 15 has to be C, theres no other answer in there that net income could be. unless ommisions are a few million dollars that year!
i explained it before
read first page mate :)
 

Acid

Member
Joined
Nov 16, 2003
Messages
602
Location
Sydney
Gender
Male
HSC
2004
Got 19/20 I think.. w00t! :)

Fucken misread one of the questions....
 

disco_dave

is the disco_king!
Joined
Oct 14, 2003
Messages
465
Location
South Side lil old G-town
Gender
Male
HSC
2004
argh im lost... this is moving to quick. 10 i read wrong, shit. i thought employment was increasing down the bottom. my bad

masteraal wheres the first page??
 
S

Shuter

Guest
How bout that the only 2 I got wrong were 14 and 15, I must have been distracted or something, they were just silly silly errors. There was a fucking teacher talking loudly at that point I think.
 

JoyDivision

Is Big In Japan
Joined
Jun 15, 2004
Messages
104
Location
Albury
Gender
Female
HSC
2004
My Answers;

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

I'm not sure if theyre right, 18/20 for me too. Or it could be 19, not sure.

Anyway, one of the deputy principals at school set this test. He was responsible for Short Answer, which I thought, in his words, was 'searching'

Last year the average score on m/c was 15.8 Board Of Studies heard that and went 'No Bloody Way Mate' so they had to make it really hard this year. I have a feeling the average is going to be signifigantly below that this year.

I think its the World Bank thats responsible for lending money etc to poor, developing countries.
 

nova

Member
Joined
Feb 22, 2004
Messages
68
Location
Pymble..
Gender
Male
HSC
2004
17. is definitly (B)

Year 1 - equity as proportion of foreign liabilities is 60%
Year 2 - equity as proportion of foreign liabilities is 83 1/3%

Therefor answer B - Equity investment as a proportion of foreign liabilities is increasing.
 

ar5ena1

Member
Joined
May 9, 2004
Messages
195
Gender
Male
HSC
2004
surely 17 has to be (B) - how do we know anythign about NET foriegn liabilities, the only statics we have are on foriegn liabilities, there is a major difference, hence the only correct answer is B.

19/20
 

dancegal

New Member
Joined
Apr 10, 2004
Messages
27
Gender
Undisclosed
HSC
2003
i got b for 17 too...i thought net foreign debt decreased from 60 to 50 and equity investment increased from 60% to around 80% of foreign liabilities
those mc were soooooo hard..was 14 a or b coz i got b??? if the value of the $ increases doesnt that make our exports more expensive, imports cheaper and therefor a deterioration of terms of trade?
 

sgt

New Member
Joined
Mar 16, 2004
Messages
29
looks like 17 must be B......sic 17/20 for me...would 'ave liked 20...ugh i'm losing site of a band 6
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top