Question spotting for F585 Economics The Global Economy OCR A level June 2011

Yess mate, i thought lord sugar was on fire in the boardroom :P

im glad tom didnt go melody knew from day 1 that if she took those pitches she would be safe in the board room after reliasing that the products wernt that great

furthermore you ask people in a train station does france want a car seat or not wheres the logic in that?

(edited 12 years ago)

Reply 781

rs91

Original post by nik2111

can you possibly send it to me if its on a word document or PDF?

aww babe i would actually love to but i have it in paper format :frown:

I just love it for the statistics they give

Reply 782

goldlock

8

Original post by nik2111

im glad tom didnt go melody knew from day 1 that if she took those pitches she would be safe in the board room after reliasing that the products wernt that great

furthermore you ask people in a train station does france want a car seat or not wheres the logic in that?

"Yes Lord Sugar, we chose not to go the car seat because 4 people told us it was a bad idea" lol what the hell...
Tom makes me laugh, all the tasks he's lost and he's still there :P

Reply 783

rs91

Original post by nik2111

im glad tom didnt go melody knew from day 1 that if she took those pitches she would be safe in the board room after reliasing that the products wernt that great

furthermore you ask people in a train station does france want a car seat or not wheres the logic in that?

ive recorded it, i will watch it tomorrow when i am exam free!!

Reply 784

nik2111

Original post by rs91

ive recorded it, i will watch it tomorrow when i am exam free!!

lol kool you wont stop laughing i wont ruin it for you by talking about it

lol back to economcis stimulus packages pros and cons? are they really that effective ? i got

no- depending on the package it self the multipier effect may be small i.e cutting taxes consumers may save the money and not spend it on goods if confidence is low

they are good - for EU as this is the only type of intervention some economies have to help there economic situation

temporaly beacause the goverment will gain high debt and if this is not sustainable it will get to a stage were banks and countires wont lend to them causing competiveness to go down, so infact there is no benefit

Reply 785

deuces

am i right about the following:

real interest rates - with inflation accounted

nominal interest rate - with inflation removed

I understand the definitions, but does a high inflation e.g. 5% at the moment in the UK, increase the interst rate automatically or something?

Reply 786

rs91

Original post by deuces

am i right about the following:

real interest rates - with inflation accounted

nominal interest rate - with inflation removed

I understand the definitions, but does a high inflation e.g. 5% at the moment in the UK, increase the interst rate automatically or something?

not automatically, interest rates controlled by the Bank of England

Mock 1 - enjoy

Original post by rs91

not automatically, interest rates controlled by the Bank of England

so the nominal interest rate would be higher than 0.5%

and the real interest rate would be 0.5%

Mock 2 - enjoy

Original post by nik2111

lol kool you wont stop laughing i wont ruin it for you by talking about it

lol back to economcis stimulus packages pros and cons? are they really that effective ? i got

no- depending on the package it self the multipier effect may be small i.e cutting taxes consumers may save the money and not spend it on goods if confidence is low

they are good - for EU as this is the only type of intervention some economies have to help there economic situation

temporaly beacause the goverment will gain high debt and if this is not sustainable it will get to a stage were banks and countires wont lend to them causing competiveness to go down, so infact there is no benefit