Economics As: 13th May

This thread is devoted to the absolute lads at WJEC who don't even know how to compound sentences.Firstly it is a widely accepted and acknowledged fact that WJEC causes autism due to their complete and utter misunderstanding of what a well worded question is. This is the point of this thread. What was that last 10mark question? Seriously. I cannot begin to comprehend what was going through their brains when they crafted that masterpiece:

Reply 1

Cemi

Can you remind me what the last question was? I think I read it wrong and now i'm kinda worrying. It was on Fiscal Policy to reduce inflation but i'm remembering "supply side" being thrown in there now or am I going crazy.

Reply 2

Ken_Law

The last question is about whether an artificial low exchange rate done by China worsens US's trade balance.
Cemi, for your question, it's about how fiscal supply-side policy can achieve a low inflation.

Reply 3

EugeneDuCroy

The last question was Evaluate Donald Trumps claim that China's devaluation of their exchange rate is negatively affecting the US trade balance.
The one I think your on about is give an example of a fiscal supply side policy and whether it would be effective at the government's objective of low inflation

Original post by Cemi

Reply 4

rhh643

i know right, especially the source of tax multiple choice question...... why was it so different from all the past papers :/

Reply 5

usmaan_225

That paper was solid. Head's gone. All that revision for nothing.

Reply 6

Cemi

Oh thanks guys guess I messed that question up then. I talked about increasing income tax to lower AD to tackle inflation but that's not supply side...

Reply 7

bendobbo01

Anyone have an idea what may come up on Paper 2 now that we've had Paper 1 (which was bloody hard)?

Reply 8

seanagh998

Original post by bendobbo01

Anyone have an idea what may come up on Paper 2 now that we've had Paper 1 (which was bloody hard)?

given externalities didn't really come up in a proper long form question i would imagine market failure/ externalities will come up in some form

Reply 9

Leo huseyin

What do people think the grade boundaries will be, in 2017 it was 112 for an A, in 2018 it was 116. These exams seemed harder than last years exam though. I think 114 - 120 marks for an A.

Reply 10

Cemi

Most people are saying they found the Unit 2 paper amazing and I thought it was pretty good too. Grade boundaries will probably be higher in that case.

Original post by Leo huseyin

What do people think the grade boundaries will be, in 2017 it was 112 for an A, in 2018 it was 116. These exams seemed harder than last years exam though. I think 114 - 120 marks for an A.

Reply 11

seanagh998

Original post by Cemi

Most people are saying they found the Unit 2 paper amazing and I thought it was pretty good too. Grade boundaries will probably be higher in that case.

Yeah I think grade boundaries will be standard as there was a bad paper and a nice one so should equal out

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Economics As: 13th May

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