Edexcel Economics Unit 4 Global Economy Discussion Thread (10.June.2014)

Original post by full UMS

That wasn't the actual wording of question, it was phrased it a bit better earlier:

"Assess the reasons why countries in Figure 4 saw a reduction in their current account imbalances"

I suppose it's a bit open to interpretation then since there's a bit of ambiguity

So basically I did it wrong, 12 marks aswell. I thought it said ''assess the reasons why countries in figure 4 would want to reduce their current account imbalances'' :frown:

Reply 963

Ff96

Original post by full UMS

DAAAAAMN straight :cool:

let's hear it kids....

FULL UMS! FULL UMS! FULL UMS!

This made me laugh so much looooool

Reply 964

Krek

I did Question 3 and tbh at one point, especially on part b, I questioned whether what I was writing made any sense at all. Devastated.

Reply 965

full UMS

Original post by Farringtonn

So basically I did it wrong, 12 marks aswell. I thought it said ''assess the reasons why countries in figure 4 would want to reduce their current account imbalances'' :frown:

Don't worry you'll be fine!

Reply 966

Original post by full UMS

DAAAAAMN straight :cool:

let's hear it kids....

FULL UMS! FULL UMS! FULL UMS!

I got full UMS on unit 2 woo :biggrin:

Reply 967

Original post by full UMS

Don't worry you'll be fine!

Would I actually get any marks at all?

Posted from TSR Mobile

Reply 968

Alexovic

For Q5E, I talked about product market reforms as well as the labour market reforms in the question.

Reply 969

full UMS

Original post by Farringtonn

Would I actually get any marks at all?

Posted from TSR Mobile

Of course, and to be honest it looks like a lot of people were confused so they might just end up accepting both.

Reply 970

Ff96

I feel a bit heartbroken now that economics is truly over :frown:

my first a level to be done too. Now I have to revise for s4 on Thursday *sigh* good luck for your other exams guys. I'm sure we all did fine for Eco

Reply 971

TRR

for 1 a would it be okay to say that one of the reasons for a reduction in the deficit was a reduction in the marginal tax rate from 50 to 45 even though this occurred in 2013 and the question said between "2009-2013"

Reply 972

Original post by full UMS

Of course, and to be honest it looks like a lot of people were confused so they might just end up accepting both.

I just hope boundaries are low. I didn't even finish the paper

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Reply 973

Original post by TRR

for 1 a would it be okay to say that one of the reasons for a reduction in the deficit was a reduction in the marginal tax rate from 50 to 45 even though this occurred in 2013 and the question said between "2009-2013"

Would it not worsen the defecit because they get less tax? Then again people coul spend more so they could get More VAT

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Reply 974

TRR

Original post by Farringtonn

Would it not worsen the defecit because they get less tax? Then again people coul spend more so they could get More VAT

Posted from TSR Mobile

not necessarily because of the insensitive effects and less tax avoidance/evasion etc...

Reply 975

LFG

Who did question 2 essays it looks like not many people did them?

Reply 976

TRR

Original post by Farringtonn

Would it not worsen the defecit because they get less tax? Then again people coul spend more so they could get More VAT

Posted from TSR Mobile

just not sure id get the mark because of the time scale

Reply 977

Original post by TRR

just not sure id get the mark because of the time scale

Should be fine :smile: