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IIT: pplz who duno netspeek.

ok, well. Under a floating exchange system, the exchange rate is determined through demand and supply. so: demand = supply Since exports, income from overseas and foreign capital flowing in must be exchanged to $A: demand = exports (X) + Income inflow (Y credit) + Capital inflow (K credit)...

yeah, that's what i thought. It's a shit MC question though, if something like that is expected to be inferred.

actually, it's just trolls trolling the trolls. Unless you mean that the trolls are getting trolled by the trolls that are currently trolling. then yes.

OMGZZ!!!!! I NEW IT!!!!111

fuk off troll. get a lyf.

well i duno wat it meanz in trollspeek... fagget. i hoep teh content in ur bio txtbooks fills dat dark hole u feel in ur lyf.

fuk off troll, ders no place hear 4 u or ur atheist views.

BAHAHAHAHHAHA XDDDD OMFG!! ur so fukin stoopid u dumshit. ^-----------^ dis iz ma medium u fukin retard. i post threds lyk a sculpture craftz statuez. LOLZ!!!11

In response to Karnage Which of the following is most likely to cause a decrease in a nation's debt servicing ratio? A. Rising global interest rates B. Rising export levels C. Falling foreign debt levels D. Falling global growth rates The answer is B. But A and C are also correct. Debt...

hay fagget. lern how 2 appreci8 art u pretenshus twat. it may giv u an new medium 2 vent ur fukin childish angar.

Re: ITT: rantings about stupid MC questions. Add your own, correct me, argue your poi I guess. But does it ensure an efficient allocation of resources all the time? There have been cases where it just causes long-term unemployment...

you mean: Whoever's Failing General Maths or Gettin Shit Marks, this is the Place: 4U

These are some MC questions I disagree with. Feel free to correct me. Which of the following is an advantage of free trade? A. a more efficient allocation of resources B. an increase in short-term unemployment c. A wider range of goods and services available. d. Increase in local firms closing...

anyone else noticed how nearly all well-known economists are jews?

It's the worst feeling in the world. It's like sacrificing one of your children in order to feed the others.

No. when we refer to the value of the Australian we are really saying the $A/$US. So a recession in the US would appreciate the Australian dollar assuming all other variables remain constant.

but as a general rule of thumb, higher interest rates will cause an appreciation. Also, note that the Australian dollar started depreciating before rate cuts.

Whether speculators are up to their eyeballs in debt is irrelevant. It may reduce the amount of trading in FOREX, but not specifically in Australian currency. Guaranteed bank deposits lift confidence in the economy. It's not just that speculators will deposit money into our banks, but when...

They may ask something like 'Discuss the factors affecting the exchange rate of the Australian economy' you would do better if you can apply the textbook theory to what is actually happening.