Economics predictions??? (2 Viewers)

[Yousef El-Omar]

thank you! but also like kinda still confused like which one the receipts and foreign aid, remittances goes. also when people send money to families abroad what would that be counted as?

Those are counted as net secondary income

 

[stormii]

Those are counted as net secondary income

oh okay thank you!

 

[ms_grape_taco]

is microeconomic reform more likely to be a section 3 or 4 essay?

 

[stormii]

Anyone know how to do this question?

1. An increase in investment of $5000 incraesed the equilibrium level of national income by $20000. What is the marginal propensity to consume?
How do I apply the formula. Anyone have formulas? Is Ad the same as C?
2. the answer is 0.75


also how do you do:






and


And

 

[Trippzy]

Anyone know how to do this question?

1. An increase in investment of $5000 incraesed the equilibrium level of national income by $20000. What is the marginal propensity to consume?
How do I apply the formula. Anyone have formulas? Is Ad the same as C?

Change in Y = k * change in AD
which means k = 20000/5000 = 4.
from the formula of simple multiplier MPS = 1/4 = 0.25
MPC = 1 - MPS = 1 - 0.25 = 0.75

2. the answer is 0.75


also how do you do:
View attachment 40711

the size of the subsidy is the vertical gap between the two curves so 12 - 10 = $2



and
View attachment 40705

MPS = (600-500)/(2000-15000 = 0.2

k = 1/0.2 = 5

from formula in the first question, 1000/5 = $200

And

View attachment 40709

after the changes, it can be determined that a tariff of $2 is imposed on top of world price. before this change, gov revenue was zero meaning no imports were coming into the country. the increase in foreign producer revenue means that its a quota because now 200 imports are allowed

 

[stormii]

Oh
thank you!!

 

[weedlord420]

predictions are always wrong

yeah real. everyone predicted international crime for legal and we got a role of courts question..

 

[mmmmmmmmaaaaaaa]

predictions are always wrong

not always

 

[its_ace21]

yeah real. everyone predicted international crime for legal and we got a role of courts question..

trauma

 

[ilovescottishfolds]

how prepared r u guys for eco

 

[weedlord420]

how prepared r u guys for eco

ive done fuck all study for it so i might be screwed

i can probably retain enough knowledge to do well on multichoice and short answer, but essays are gonna be rough

 

[synthesisFR]

state rank incoming

 

[juspre09]

how prepared r u guys for eco

im not ready at all, like im giving up at this point and for me i suck at multiple choice and short answer but the essays i think i can bs it lol

 

[weedlord420]

state rank incoming

 

[ilovescottishfolds]

im just ready to get it over with lol

 

[juspre09]

im just ready to get it over with lol

yeah saMe i really dont care anymore yolo LMAO + i aint getting any band 6's for all of my subjects so whatever

 

[weedlord420]

im just ready to get it over with lol

fuck it we ball

this is why i do 12 units

 

[mmmmmmmmaaaaaaa]

state rank incoming

I believe in you

 

[fatBatman]

Ik know this isn't related to Economics but i just wanted to ask if your guys could share some resources or material on Math advanced questions for statics and Graphing techniques. Im currently in year 12 class of 2024

 

[nsw..wollongong]

i feel bad for ppl doing legal and eco, a lot of ppl take that combo its stupid of nesa to put them back to back imo