Section I - Multiple Choice (3 Viewers)

[mickstarify]

Scan of the Exam for Multiple Choice (as requested)

Here it is, please excuse all the markings I put on it
https://dl.dropbox.com/u/5878722/economics%202012%20multiple%20choice.pdf

The scan quality is alright

Lets discuss answers here are mine

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

 

[mickstarify]

Ok i scanned it http://community.boredofstudies.org/showthread.php?t=293191&p=6137630

 

[cookeemonstah]

Re: Scan of the Exam for Multiple Choice (as requested)

words cannot express my love for u

 

[jackftwlol]

Re: Scan of the Exam for Multiple Choice (as requested)

lol mc was so bloody easy ffs

 

[cookeemonstah]

Re: Scan of the Exam for Multiple Choice (as requested)

shit just finished

i got 17 (or 16)

hopefully my other sections will carry me thru

howd u do q6 and q14 though?

 

[shravan_872]

Re: Scan of the Exam for Multiple Choice (as requested)

i dont think 13 is D, I think it was B
becuase public goods are non-rival in consumption which basically means there is a fixed supply

 

[shravan_872]

Re: Scan of the Exam for Multiple Choice (as requested)

do you happen to have the essays?

 

[gorab]

Answers are as follows (99% sure)
1. B
2. A
3. B
4. A
5. A
6. C
7. B
8. D
9. D
10. C
11. C
12. D
13. D
14. B
15. A
16. A
17. C
18. A
19. C
20. D

Correct

 

[crazy_paki123]

its $4 prety sure

 

[Mek9]

Answers are as follows (99% sure)
1. B
2. A
3. B
4. A
5. A
6. C
7. B
8. D
9. D
10. C
11. C
12. D
13. D
14. B
15. A
16. A
17. C
18. A
19. C
20. D

That's what I put, changed 9 from b to d last minute as well

 

[jackftwlol]

Re: Scan of the Exam for Multiple Choice (as requested)

there is no fixed supply of public goods..

 

[jackftwlol]

Re: Scan of the Exam for Multiple Choice (as requested)

i think your understanding of non rival is wrong

 

[mickstarify]

Re: Scan of the Exam for Multiple Choice (as requested)

i dont think 13 is D, I think it was B
becuase public goods are non-rival in consumption which basically means there is a fixed supply

Well the question asks for the best statement for a public good
I guess both are true but D is more specific to a public good as "fixed supply" could refer to many things such as intellectual property or something

do you happen to have the essays?

Haha yeah ok il get right on it

 

[cookeemonstah]

Re: Scan of the Exam for Multiple Choice (as requested)

i dont think 13 is D, I think it was B
becuase public goods are non-rival in consumption which basically means there is a fixed supply

no its D, i guarantee

 

[mickstarify]

Re: Scan of the Exam for Multiple Choice (as requested)

shit just finished

i got 17 (or 16)

hopefully my other sections will carry me thru

howd u do q6 and q14 though?

6: add up the parts that make the labour force on both columns, so 200+600+100 and compare with the other side, which is 60k higher

14: There is more AS in the economy, so that means we must be producing more. Labour is a factor of production & icreasing it's efficiency will increase efficiency of production & therefore output
so AS is increased. -- Also all the other options won't do anyhting to AS

 

[mickstarify]

Re: Scan of the Exam for Multiple Choice (as requested)

do you happen to have the essays?

yea its up now

 

[Lucas_]

Re: Scan of the Exam for Multiple Choice (as requested)

I think I got 19/20

I got the one with the S + T + M = I + G + X one wrong, I think I chose trade deficit

 

[cookeemonstah]

Re: Scan of the Exam for Multiple Choice (as requested)

14: There is more AS in the economy, so that means we must be producing more. Labour is a factor of production & icreasing it's efficiency will increase efficiency of production & therefore output
so AS is increased. -- Also all the other options won't do anyhting to AS

damn i put interest rates.

6: add up the parts that make the labour force on both columns, so 200+600+100 and compare with the other side, which is 60k higher

urgh.. thought it was LFPR

 

[gorab]

its $4 prety sure

nope

 

[darkdog307]

Easiest HSC multiple choice they've ever had, pretty sure I got full marks for it.