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A level AQA paper 3 multiple choices

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Original post by MB98Yeezy
Ah right, thanks for explaining. I just worked out 30% which was like 12000 so clearly I'm an idiot


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it is 12000 is it not? 30% of 40000?
Original post by Nuggetsarelife
it is 12000 is it not? 30% of 40000?


It was marginal tax so you did the first 20,000 x 10% and the last 10000 by 30% so £5000
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Original post by junky27
What I remember:

Value judgment- moral and political considerations

Pes- 12

Multiplier- 47.5

Construction wages higher- improved conditions

Money markets- treasury bills between other banks and capital- long term loans

Prod eff- mc = ac

National debt- total cumulated borrowing

Gini- 1 most unequal

Living conditions likely to improve (from one of the tables)

Shift ad- nudges

Consumer surplus reduced

Real wage unemployment

Yield 120

0.98 HDI less illiteracy


I think for the question showing the negative ext in production question the answer was a tax p1p3 or something like that
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junky27
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Original post by jn998
I think for the question showing the negative ext in production question the answer was a tax p1p3 or something like that


That wasn't the last question was it ?
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Original post by junky27
That wasn't the last question was it ?


The last question was positive externality in production
Profit maximisation was the second last row?
Reply 26
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junky27
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Can no one remember any others seriously
there was the commodity prices question
Original post by MB98Yeezy
Anyone know the tax question? Was it as easy as it looked or were they trying to be catch you out?


I think they were trying to catch you out. So I put the answer which most people would probably put (40% of income or something) Then realised that its not that. But the answer I was getting wasn't any of the other options so i put 5,500 I think???
Original post by Fulham_Fan
Tax was $5,000, you did 10% on 10001-30000 and 30% on 30001-40000 which gave you 4999.6 which is 5000.


damn. I realised that it wasn't 12000. But I still got it wrong. I was trying to work out 10% of something +30% of something else. But the answer I got was not any of the answers.
what was the unemployment one? a lot of people seem to say it was from q3-q1 but surely it was q2-q1 from the equilibrium point? and then it was between natural and frictional so put frictional but probably wrong :smile:
I can't remember the question but was there one where you had to choose:
10,000
20,000
30,000
40,000?
Reply 32
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junky27
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Who said that inflation was highest at 107
And who said that living conditions probably increased
What did people do for Mrp labour
Reply 33
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junky27
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Opportunity cost higher USA?
Original post by junky27
Who said that inflation was highest at 107
And who said that living conditions probably increased
What did people do for Mrp labour

For MRP I put the one something like: "extra output gained from employing one more person"
Reply 35
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Original post by TonyStark98
For MRP I put the one something like: "extra output gained from employing one more person"


You mean total revenue gained from employing one extra person right?
wtf was tragedy of commons and fishermen I put A something about overfishing idk
Original post by steph_diep
wtf was tragedy of commons and fishermen I put A something about overfishing idk


No idea lmao. I heard of Tradegy of the commons. But I always forgot what it was.

But I put A as well.
What do you guys think overall grade boundaries will be? Any chances for 73% = A?
Original post by junky27
Who said that inflation was highest at 107
And who said that living conditions probably increased
What did people do for Mrp labour


Not highest at 107. The change was only +3 on the previous year, so the percentage change was only 3/104*100=2.88% which wasn't the highest.

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