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    (Original post by Hithere!)
    I put something like 1.12% inflation and -$190(roughly)m
    and that it depreciated
    It's 12%, +10M and yes, it depreciated.
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    How was the trade balance done then, I thought it was 5% of total exports minus 6% of total imports of India?
    And Yeah inflation I did completely wrong!
    Obviously wasn't think straight! So frustrating
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    The 18 marker was a bee with an itch and a half
    My exam got interrupted for a fire alarm, not impressed.
    I talked about the 18 marker with my Econ teacher after and I told him what I did, and he said that's what he would've done so hopefully I did okay. Luckily I was pretty well learned in the rest of the paper, so fingers crossed! Hope everyone else here does well!
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    (Original post by Hithere!)
    How was the trade balance done then, I thought it was 5% of total exports minus 6% of total imports of India?
    And Yeah inflation I did completely wrong!
    Obviously wasn't think straight! So frustrating
    Exports - 5% of $9800mn = 490mn
    Imports - 6% of $8000mn = 480mn

    490-480 = $10mn
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    that paper was dirt around 4 of the candidates just left half way through, im just hoping the grade boundaries are 5 marks for a B lol
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    I'm hoping for low boundaries. The 18 marker was just so random


    This was posted from The Student Room's iPhone/iPad App
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    5 marks for the inflation question?! what did you guys put
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    This was horrible compared to last year..I only got one of three calculations right..the essay was okay along with the comment on questions though (: Everything else was blah
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    Hi guys.

    Just a few quick thoughts on that exam.

    Pie charts. That's a first.

    18-marker, little strange, nothing owing to a particular policy. My main argument was that it depends if AD is low/high and that cost-push inflation is far more dangerous than demand-pull, because it is not backed up with a sufficient increase in real GDP.

    5 marks to explain how CPI is calculated. Hmm, OK.

    It could have been easier and it could have been harder.

    I felt as though, seeing as this syllabus has been tried and tested a number of times, they're beginning to get more "straight-to-the-point" each time.

    Good luck to all who took it. Let's hope for some good results on the 7th of March.
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    Can someone post the exam paper or just the 18 marker question?? Thanx in advance
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    (Original post by M.I.A)
    Can someone post the exam paper or just the 18 marker question?? Thanx in advance
    I think it was Discuss the extent to which a decrease in aggregate supply is harmful to the economy.


    Posted from TSR Mobile
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    (Original post by Namige)
    I think it was Discuss the extent to which a decrease in aggregate supply is harmful to the economy.


    Posted from TSR Mobile
    Thank you
 
 
 
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