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A level AQA paper 3 multiple choices Watch

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    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
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    Add ones you remember
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    Are you sure about Construction wages higher- improved conditions? Because that wouldn't increase employment and wages?
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    and what level of output did you find that the firm profit maximised?
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    [QUOTE=Bn1222;72275102]Are you sure about Construction wages higher- improved conditions? Because that wouldn't increase employment and wages?[/QUOTE

    Maybe that one was wrong, what did you put
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    (Original post by Bn1222)
    and what level of output did you find that the firm profit maximised?
    I did like 11 units I think not sure I thaught the mcqs were awful
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    Lower bank rate because that increases demand for loans which increases demand for houses, and labour is in derived demand
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    (Original post by Bn1222)
    Lower bank rate because that increases demand for loans which increases demand for houses, and labour is in derived demand

    How was that question phrased
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    (Original post by junky27)
    How was that question phrased
    There was an increase in wages and employment and it said what caused this
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    (Original post by Bn1222)
    There was an increase in wages and employment and it said what caused this
    What other mcqs do you remember
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    You sure it was nudges? I put max prices cos thought max prices causes excess demand lol?
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    (Original post by mo501)
    You sure it was nudges? I put max prices cos thought max prices causes excess demand lol?
    Pretty sure it was nudges
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    (Original post by junky27)
    Pretty sure it was nudges
    Cos also I swear the graph showed a max price? So surely it was max prices? Unless I saw it wrong
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    (Original post by mo501)
    Cos also I swear the graph showed a max price? So surely it was max prices? Unless I saw it wrong
    they did tht as a trick as the price max/min (cant remember which one it was) was already on the equilibrium position
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    Anyone know the tax question? Was it as easy as it looked or were they trying to be catch you out?
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    Tax was $5,000, you did 10% on 10001-30000 and 30% on 30001-40000 which gave you 4999.6 which is 5000.
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    The one about profit max where they gave you average total costs and average variable costs I think it was like Year 11? Or something 11
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    (Original post by Bn1222)
    Are you sure about Construction wages higher- improved conditions? Because that wouldn't increase employment and wages?
    the point moved up the supply curve. supply is affected my non monetary factors such as better working conditions, but thats my logic so who know's
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    Was the index number 126
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    (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.
    Ah right, thanks for explaining. I just worked out 30% which was like 12000 so clearly I'm an idiot


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