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Edexcel AS Economics Unit 2 (19th May 2015) - Managing the Economy Exam Thread

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Reply 140

Waffle12345

Original post by lauradaura

I forgot to put a cross in the box last year and got a 0 so I had to retake today... :dontknow:

Was that the only reason?!?!? it seems a bit drastic to give a zero based on that...

Reply 141

nnemo

Evene if it was conflict with deman side polocies instead of between
You can still say pretty simillar stuff
Im sure it was between i went to the question many times

Also there was this question about factors that affected the mpc choice of keeping interest rates unchanged
What two factors did u write

Reply 142

prepdream

Original post by nnemo

i wrote about negative econ growth and unemployment i guess. And you?

Reply 143

lauradaura

I wrote about inflation lol and unemployment- would inflation have been okay? :s-smilie:

Original post by prepdream

i wrote about negative econ growth and unemployment i guess. And you?

Reply 144

prepdream

Original post by lauradaura

I wrote about inflation lol and unemployment- would inflation have been okay? :s-smilie:

Sure, it could be unemployment, econ growth, inflation, current account, ect. It's fine :biggrin:

Reply 145

lauradaura

Original post by prepdream

Sure, it could be unemployment, econ growth, inflation, current account, ect. It's fine :biggrin:

omgosh *sniff sniff* ...the way you put it so simply and reassuringly :' :wink:

thank you

Reply 146

prepdream

Original post by lauradaura

omgosh *sniff sniff* ...the way you put it so simply and reassuringly :' :wink:

thank you

You are welcome :smile:

Got this from tutor2u:

•

Their job is to make a judgement on what is the appropriate level of base interest rates for the UK economy consistent with the need to meet an inflation target set by the government

Which means that the main aim of changing interest rates is to meet inflation target so you are more than fine haha :smile:

Reply 147

nnemo

Apparantley they take into account the output gap to !
I read it before the exam :smile:

Reply 148

Cate12345

Original post by nnemo

Apparantley they take into account the output gap to !
I read it before the exam :smile:

I wrote about commodity prices and wages, read it somewhere in my text book. Would that be ok?

Reply 149

Wallace1998

Some people are saying that they got disqualified if they did not put a cross on the question they were answering whereas other people say they did not.
Who's right?

(edited 8 years ago)

How did everyone do?

91 UMS :-) Smasshed it. 4 pages for 30 marker macrecomic conflict monetary policy one helped as 1E on the Q

Reply 152

prepdream

Original post by charlie3103

91 UMS :-) Smasshed it. 4 pages for 30 marker macrecomic conflict monetary policy one helped as 1E on the Q

Congratulations! I was so relieved when that question came up, it was exactly the one I did 2 days before the exam haha :biggrin:

Reply 153

AJC1997

Original post by daniel123

how did everyone do?

94/100 ums :smile:

Reply 154

AJC1997

Original post by Wallace1998

Some people are saying that they got disqualified if they did not put a cross on the question they were answering whereas other people say they did not.
Who's right?

I highly doubt anyone got disqualified for that, I didn't put a cross in my Micro paper and everything was fine

Reply 155

prepdream

Original post by Daniel123

How did everyone do?

99/100 UMS. Absolutely thrilled :smile:

Original post by Wallace1998

Some people are saying that they got disqualified if they did not put a cross on the question they were answering whereas other people say they did not.
Who's right?