I think it went well. Anyone do context one? What did you write about?
I got -41.42% for the calculation question.For the 10 marker I talked about increase in imports, decrease in exports, how it shifts AD to the left (drew a diagram there) and how it leads to deflationary pressure, with either disinflation or deflation.
If you did not leave spaces between your bars it does matter. (Its not a bar chart otherwise). What did people put for the multiple choice question on what would cause a rightward shift in aggregate demand, the answer was either increase in exports or increase in the budget deficit, but which one?
The Answer is clearly Only an increase in the budget deficit
The deficit can rise in one of two ways
More spending->Increasing G component of AD shifting it right or A cut in taxes-> Increasing disposable income-> Increasing C element of ad shifting it right
however for Exports they can increase but so can imports
so even though they may mark both right, its more than likely Gov Spending
The Answer is clearly Only an increase in the budget deficit
The deficit can rise in one of two ways
More spending->Increasing G component of AD shifting it right or A cut in taxes-> Increasing disposable income-> Increasing C element of ad shifting it right
however for Exports they can increase but so can imports
so even though they may mark both right, its more than likely Gov Spending
The question said all things being equal or remaining the same therefore the increase in exports would be without an increase in imports. But again, that just makes it a dumb ****ing question as, the answer could be both.
The question said all things being equal or remaining the same therefore the increase in exports would be without an increase in imports. But again, that just makes it a dumb ****ing question as, the answer could be both.
The reason I think it's a budget deficit is because it said an increase in exports, not the value of exports.
If you did not leave spaces between your bars it does matter. (Its not a bar chart otherwise). What did people put for the multiple choice question on what would cause a rightward shift in aggregate demand, the answer was either increase in exports or increase in the budget deficit, but which one?
I think I put exports. But idk, I swear its both. Although did it say biggest chance. Then maybr its budgey deficit. But I did put exports.