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AQA Economics AS Mon 14 June AM watch

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    (Original post by corey)
    GAH!

    Could someone explain the effect of imposing a graduate tax / higher tutition fees on the market...I know that currently because education is a merit good the government subsidies the cost of courses so the universities only have to charge £1,100... (diagram below). But I don't get what the imposition of the ablity to charge a higher cost would do and how to represent it on the diagram...
    not sure what you mean, wouldnt a higher cost just shifts demand leftwards?
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    (Original post by TheWolf)
    not sure what you mean, wouldnt a higher cost just shifts demand leftwards?
    So, demand would move leftward due to increased cost...and as the people charge £3,000 a disequilbrium is created?
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    you guys must be the only ones not on the footie threads
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    (Original post by Mysticmin)
    you guys must be the only ones not on the footie threads
    i had to f-ing miss the footy match to revise f-ing econ exams, and still i havent finishd :mad:
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    (Original post by TheWolf)
    i had to f-ing miss the footy match to revise f-ing econ exams, and still i havent finishd :mad:
    Guys, it's a bit late now no offence.

    I repeat that I did sweet FA revision compared to what you two are doing this year. The exam will always be easier than expected.

    Go to bed and get some sleep! It's tomorrow morning
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    (Original post by Mysticmin)
    Guys, it's a bit late now no offence.

    I repeat that I did sweet FA revision compared to what you two are doing this year. The exam will always be easier than expected.

    Go to bed and get some sleep! It's tomorrow morning
    Your forget the fact I haven't opened my philosophy books for module 1/2 yet!! I won't be sleeping
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    (Original post by corey)
    Your forget the fact I haven't opened my philosophy books for module 1/2 yet!! I won't be sleeping
    oh come on guys...you're going to be really tired for tomorrows economics exam, which starts at 9am times short, you're stressed and you have to think on your feet, would help if you were less tired.

    I hope deianra's actually gone to sleep she was muttering something about unit 3.
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    (Original post by Mysticmin)
    oh come on guys...you're going to be really tired for tomorrows economics exam, which starts at 9am times short, you're stressed and you have to think on your feet, would help if you were less tired.
    im sure coffee would be ok
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    (Original post by TheWolf)
    im sure coffee would be ok
    no it won't. economics requires a large degree of thinking on your feet. you can't just churn out definitions and diagrams, especially when you have to evaluate.
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    (Original post by Mysticmin)
    no it won't. economics requires a large degree of thinking on your feet. you can't just churn out definitions and diagrams, especially when you have to evaluate.
    red bull
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    (Original post by Mysticmin)
    no it won't. economics requires a large degree of thinking on your feet. you can't just churn out definitions and diagrams, especially when you have to evaluate.
    With due respect, this is AS-Level. Having done the A2, these modules will seem child's play.
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    (Original post by Mysticmin)
    no it won't. economics requires a large degree of thinking on your feet. you can't just churn out definitions and diagrams, especially when you have to evaluate.
    why i cant i think on my feet with coffee :mad:
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    (Original post by TheWolf)
    why i cant i think on my feet with coffee :mad:
    Fine ignore my advice. I got my UMS from sleep, not revision
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    What is progressive/regressive/and proportional taxation..?
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    (Original post by DazzaWazza)
    What is progressive/regressive/and proportional taxation..?
    progressive - income tax, more the richer you get
    proportional - flat rate of 5% for instance on your income
    regressive - impact on the poorest the most
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    (Original post by DazzaWazza)
    What is progressive/regressive/and proportional taxation..?
    progressive tax - as peoples income rises, they pay agreat proprtion of their income of the tax

    regressive is opposite

    anyways guys how do i do this



    year 1999 (inflation rate 3% Rate of growth of money national income 5%),2000 (inflation rate 4% Rate of growth of national income 6%),2001( inflation rate 3%, rate of growth of money national income 2%),2002 (inflation rate 1% rate of growth of money national income 1%)

    from the data it can be inferred that over the period 1999-2002 the level of real national income increased by approx:

    3%
    5%
    11%
    14%

    which?




    economics unit 2 part 1 objective test national economy qu. 5 aqa
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    (Original post by corey)
    progressive - income tax, more the richer you get
    proportional - flat rate of 5% for instance on your income
    regressive - impact on the poorest the most
    Thanks. So VAT is proportional tax yes?
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    (Original post by TheWolf)
    progressive tax - as peoples income rises, they pay agreat proprtion of their income of the tax

    regressive is opposite

    anyways guys how do i do this



    year 1999 (inflation rate 3% Rate of growth of money national income 5%),2000 (inflation rate 4% Rate of growth of national income 6%),2001( inflation rate 3%, rate of growth of money national income 2%),2002 (inflation rate 1% rate of growth of money national income 1%)

    from the data it can be inferred that over the period 1999-2002 the level of real national income increased by approx:

    3%
    5%
    11%
    14%

    which?




    economics unit 2 part 1 objective test national economy qu. 5 aqa

    cmon sssomeone please do this quesetoion
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    (Original post by DazzaWazza)
    Thanks. So VAT is proportional tax yes?
    VAT is regressive, as the poor lose a greater proportion of their income through it.
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    (Original post by ZJuwelH)
    With due respect, this is AS-Level. Having done the A2, these modules will seem child's play.
    Those two haven't done A2. I'm the one doing A2 and I'm not resitting any modules


    Dieanra - I am so not a traitor...I jumped out of the bandwagon while it was still going at relatively high speed. Would be worse if I dropped out after failing my first year at uni
 
 
 
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