AQA Economics Unit 4 11th June 2013

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It was 75 Bn

3% added to whatever the question said the GDP was in 2010

Divide the whole number by 100 and times by 103.

itt increased from or decreased or something from 3.6% to 3.0% which is a change of 0.6% thus in 2010 it was 25 billion, therefore u do 0.6% of 25 billion, thats what my teacher said when i asked her!

Reply 601

stefanocattaneo

Original post by sreddy17

Sorry but I'm afraid she's wrong.

The annual percentage change ON THE PREVIOUS YEAR was 3.0% in 2011. Therefore, the answer is (2500 x 1.03) - 2500 = 75bn. I personally put 2575 because it was worded weirdly... Hopefully will get some marks!

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(edited 10 years ago)

Reply 602

Aranel

This exam was so good compared to Micro! The inflation and interest rate question was amazing and there was no weird context questions on water = good exam :smile:

Anyone else get 2.43m in Context 1 for the 5 marker?

(edited 10 years ago)

Reply 603

Kieran?

Original post by sreddy17

3.0% was how much it changed by. 0.6% is how much the change changed by... which is way too complicated for a handful of marks

Reply 604

CoolStoryBroo

Original post by SimpleTom

That was a dream compared to Unit 3.

Unit 3 guess: 75 UMS

Unit 4: 85 UMS at least

I need an A so hopefully I can get it!!

well done, i got B :frown:

Original post by stefanocattaneo

Sorry but I'm afraid she's wrong.

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Lol did you steal that from the exam? :laugh:

Reply 605

SimpleTom

Original post by sreddy17

Your teacher is an idiot, no offence.

Reply 606

stefanocattaneo

Original post by CoolStoryBroo

well done, i got B :frown:

Lol did you steal that from the exam? :laugh:

I didn't steal it, I take the paper out every time... Nothing says you're not allowed to with AQA papers :smile:

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(edited 10 years ago)

Reply 607

Lay-Z

Original post by CoolStoryBroo

Standard of living assessment should have been things such as life expectancy at birth, GDP per capita etc, education, gender equality etc.

We've both answered completely different thngs since yours was factors affecting assessing standards of living and mine was the actual assessing the standards of living

Only one of us can be right :biggrin:

What did everyone else right for question 2 in section A?

So my answer was right then?

Im pretty sure I am correct, but we could both be tbh. Population growth definitely has to be considered or a economy with a larger gdp would have a higher standard of living.
I think you are talking about economic development more

Reply 608

username537823

Original post by Kieran?

3.0% was how much it changed by. 0.6% is how much the change changed by... which is way too complicated for a handful of marks

hmmm not sure then how many marks is it worth anyway if it was wrong?

Reply 609

SimpleTom

Original post by CoolStoryBroo

well done, i got B :frown:

Lol did you steal that from the exam? :laugh:

Dude don't worry I am sure you will do better than you think you did!

Reply 610

Kieran?

Original post by sreddy17

hmmm not sure then how many marks is it worth anyway if it was wrong?

2 or 3 probably

Reply 611

xxLozzxx

Did anyone do question 3 on section two? What was it getting at?

Reply 612

jonses

Did anybody else do Context 1 and the third essay on single markets?

Reply 613

stefanocattaneo

Original post by xxLozzxx

Did anyone do question 3 on section two? What was it getting at?

I did

found it quite straightforward, talk about protectionism, free trade, free movement of labour, red tape, cba of growth etc.

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Reply 614

Axion

Original post by kelbel1

Context one on Unemployment and Question 1 on inflation and the interest rate... they weren't too bad, I was very unprepared so was thankful it was something I could answer okay-ish :smile:

you?

Context 1 was not on unemployment?

Reply 615

jonses

Original post by stefanocattaneo

I did

found it quite straightforward, talk about protectionism, free trade, free movement of labour, red tape, cba of growth etc.

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Oh my god completely screwed up that one then! I thought it was about the Eurozone as a single market ughhhhhhhh

Reply 616

xxLozzxx

Question 3 of part B what was it actually asking?

Reply 617

SimpleTom

Original post by stefanocattaneo

I didn't steal it, I take the paper out every time... Nothing says you're not allowed to with AQA papers :smile:

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Sorry to say but by uploading that you could get into a lot of trouble with AQA - they have strict copyright laws, I know a school who put up the JAN13 paper straight after it came out and they were given a £23000 fine apparently.

Reply 618

Ecomax

Original post by SimpleTom

I know Edexcel have such rules, but i've never heard anything of sort from AQA .. the paper has been posted on the day for the unit 1 2 and 3 and for other AQA subjects I take, plus your allowed to take the paper out of the exam ...

Reply 619

Axion

Original post by SimpleTom

Lol not sure about such a huge fine, but you are definitely not allowed to be taken out of exams. They are to be recycled (a few days after) or retained within the school