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Economics AS EDEXCEL 2017 *Official Thread*

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What was the percentage change? Like -0.135....?
Original post by Starstrike11864
What was the percentage change? Like -0.135....?


It was (128.2 - 128.4) divided by 128.4 which was -0.1558%
Also what did people write for the 15 marker???
Original post by cricketoo567
It was (128.2 - 128.4) divided by 128.4 which was -0.1558%


Yh thats what i got. Thanks
how did you guys show the negative output gap on that keynesian LRAS curve?


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Original post by Demesne7
how did you guys show the negative output gap on that keynesian LRAS curve?


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Draw on full employment, and then label the difference between Y1 and Yfe
Wasn't a hard exam, but fked it up anyhow. Hopefully my Micro balances it out or we're heading for a very **** grade
what did you guys put for the 2 reasons why there were differences in Nominal GDP between Ger & UK??


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Original post by F Exams
Am i the only one that chose the recession 20 marker?


I picked it too!! I blanked out on economic growth LMAO
Original post by Starstrike11864
Also what did people write for the 15 marker???


was this the one about increasing productivity??

i was rushing at this point so i didnt think things properly through but i managed to squeeze in something about increasing training & education w/ some shallow evaluation and somethung about deregulation encouraging investment & therefore productivity

no idea if ive approached this correctly tbh, what about u??


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Original post by Demesne7
was this the one about increasing productivity??

i was rushing at this point so i didnt think things properly through but i managed to squeeze in something about increasing training & education w/ some shallow evaluation and somethung about deregulation encouraging investment & therefore productivity

no idea if ive approached this correctly tbh, what about u??


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Yh thats a good answer tbh. I wish i had wrote something like that.

I also ran out of time and i ended up writing something about reducing income tax to shift LRAS to the right. I think thats wrong tho lol
What was the first and second multiple choice like what exactly did you put ?
Original post by Demesne7
what did you guys put for the 2 reasons why there were differences in Nominal GDP between Ger & UK??


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lower productivity was my first point, second was some bs using the debt to income paragraph
Also I swear them changing the 15 marker from evaluate to discuss had no actual impact, it was 2 points and 2 evaluations either way?
Original post by Hshshsjssnsns
lower productivity was my first point, second was some bs using the debt to income paragraph


i said lower productivity in UK & then lower UK exports... im worried tho bc are they meant to be two separate points or are they like the same thing??:/ no idea...


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Original post by nisha.sri
What was the first and second multiple choice like what exactly did you put ?


do you remember the question? i cant remember it


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For multiple choice,

Deflation caused by A - oil prices falling
Example of direct tax - C (?) - corporation tax
Original post by Hshshsjssnsns
Also I swear them changing the 15 marker from evaluate to discuss had no actual impact, it was 2 points and 2 evaluations either way?


Yh it was basically the same structure lol
Reply 498
Original post by Demesne7
praying those boundaries are lower than UK consumer confidence 😭🙏


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HAHAHA....

this paper wasn't too bad!
Original post by Starstrike11864
Yh thats a good answer tbh. I wish i had wrote something like that.

I also ran out of time and i ended up writing something about reducing income tax to shift LRAS to the right. I think thats wrong tho lol


Reducing income tax would shift sras as workers are incentivised to work harder

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