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    (Original post by Kneechuh)
    Well she wanted to buy 15 pens at $2 each, so that'd be $30 in total on pens.
    However, she ended up buying 15 boxes of pens, at $18 each, so that'd be $270 on pens.
    She spent $380 over all, $270 of which was on pens.
    She therefore spent $110 on other items. (380 - 270)
    If we add $30 to this $110, we get $140, which is what she originally intended to pay.
    She however, spent $380, but with the 10% deduction, she paid $342 (380 x 0.9)
    $342 - $140 = $202
    Cheers
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    (Original post by Meliae)
    Just done the 2008 practice - full marks xD. Some of the questions posted on here have been much harder than anything on either of the tests on the website. I got a few wrong on the specimen paper I did last week but they were due to not understanding the question rather than flaws in my reasoning. Before that though, I tried two questions someone posted on here and got them both completely wrong after spending ages on them (well, relative to the time I spent on each of the actual questions).

    Not looking forward to the essay part... Not sure what to expect for psychology.

    Yeah, I'm pretty sure the CIE papers are more difficult than the actual TSA ones.
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    23) We have always applied the strict rule that the number of children coming to a birthday party should be equal to the age of the child: seven for a seven-year-old, etc. Each guest brings a present to each party. Our children are now 3, 6, and 7.

    How many presents have been received in all?
    A 16
    B 28
    C 39
    D 55
    E 84

    The answer's apparently D, but I really don't understand how... :o:
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    (Original post by spaceman657)
    Just written a quick answer to one of the titles. Would really appreciate any feedback as I am beginning to panic! lol
    Just please, PLEASE tell me you AREN'T applying to Keble...
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    (Original post by Kneechuh)
    23) We have always applied the strict rule that the number of children coming to a birthday party should be equal to the age of the child: seven for a seven-year-old, etc. Each guest brings a present to each party. Our children are now 3, 6, and 7.

    How many presents have been received in all?
    A 16
    B 28
    C 39
    D 55
    E 84

    The answer's apparently D, but I really don't understand how... :o:
    It's how many presents have been received in ALL so throughout their lives.

    You simply do (3+2+1) + (6+5+4+3+2+1) + (7+6+5+4+3+2+1)
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    (Original post by Clements-)
    It's how many presents have been received in ALL so throughout their lives.

    You simply do (3+2+1) + (6+5+4+3+2+1) + (7+6+5+4+3+2+1)
    Ohhhhhhh :facepalm:
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    (Original post by mcl)
    I've written one of the essays and would love for anyone to give me any feedback for improvements, tips etc

    'The freer the market, the freer the people'

    The free market functions without the intervention or with limited intervention and regulation by the state. The theories of supply and demand, competition and self-interest. Freedom can be either positive or negative. A freer market will enhance negative freedom as it leaves the individual at liberty to act at liberty to their wishes. A minimal state is advocated by Hobbes and Locke, believes in negative freedom. It will, however, erode positive freedom. This form of freedom was advocated by Marx and Rousseau as it aims to develop human nature for its own sake.

    If the market were freer there would be less government intervention in the form of regulation, subsidies, taxation and tariffs. Would this lead to people being freer? It would, in the sense of negative freedom, remove more restrictions on an individual and enhance their liberty. If, for example, a tariff imposed by the government were removed it would make individuals and businesses freer to trade with the other country or countries. It does, however, reduce positive freedom which classical liberals and the New Right say will create a 'nanny-state'. The Thatcher government of the 1980s privatised any state-owned industries such as coal, steal and the railways in order to increase competition. This made people freer by increasing their choice and mobility within in the market and by offering them the opportunity to compete.

    However, if the market were freer it could limit people's freedom. The market could be dominated by a monopoly that could dictate prices and wages and therefore limit the liberty of other's choice and ability to enter the market and compete. It restricts positive freedom which aims to enhance liberty through welfarism and economic intervention. A free market will not always make people freer as empirically proven. The Great Depression and Wall Street crash of 1929 shows how little state intervention from president Hoover's government eroded the liberty of the people. Citizens lost money in the banks which collapsed as they were not backed-up by the government - a form of intervention. When the economy went into steep decline many lost all their savings and their freedom to be economically active was capped. Likewise, the free marker may only make people freer for a certain time. The current economic crisis began in the sub-prime markets of the USA where people were free to get mortgages and loans that they otherwise wouldn't have been able to as they could not afford it. The government didn't regulate the actions of the banks and so when the housing market collapsed in 2008 people were actually left with little freedom. Their debts had mounted and they could not afford to pay them back and so the free market will not always make people freer in the long-run.
    In conclusion, a freer market may allow people to be freer from government intervention and regulation it may not allow those people who rely on welfarism to be freer. It is only if the free market which works by an invisible hand, coined by Adam Smith, doesn't act irresponsibly that it will enhance freedom. Otherwise, a freer market will in the long-run not make people any freer.



    Any help would be good
    thanks!!!

    I suppose the structure is good, but in terms of the economics - this is just pure nonsense. Seriously you should know more about free markets and economic history. I hope you're not applying for economics.

    not tryna put you down, its well written but its just dreadful economics.
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    GUYS- WHATS THE METHOD TO WORK THIS OUT (I USED PYTH.THEOREM,THEN GUESSED)

    20 The roads on Bolandia all run either north - south or east - west and are laid out on a 5km
    grid. Ahmed and Wayne are delivery drivers. One morning, Ahmed starts at Abbeytown
    and drives 5km west then 15km south to reach Barneyville. He then drives 5km east to
    Carloston. Wayne started at Barneyville, drove 5km south to Denburgh then 10km east
    and 15km north to Easterby. Ahmed then rings Wayne to arrange to meet for lunch.
    If one of them stays where he is, what is the minimum distance the other must drive to
    meet him?
    A 10 km
    B 15 km
    C 25 km
    D 30 km
    E 35 km
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    (Original post by xerriva)
    I suppose the structure is good, but in terms of the economics - this is just pure nonsense. Seriously you should know more about free markets and economic history. I hope you're not applying for economics.

    not tryna put you down, its well written but its just dreadful economics.

    awww nooo, we can't say that to anyone the day before the exam!! the essays fine, just try your best tomorrow and it'll be fine! (besides, mines 100times worse! :eek3: )
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    (Original post by xerriva)
    I suppose the structure is good, but in terms of the economics - this is just pure nonsense. Seriously you should know more about free markets and economic history. I hope you're not applying for economics.

    not tryna put you down, its well written but its just dreadful economics.

    i think the economics is good...
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    (Original post by sportychick_91)
    i think the economics is good...
    hey- are you by any chance applying for EP?
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    (Original post by amy123123)
    GUYS- WHATS THE METHOD TO WORK THIS OUT (I USED PYTH.THEOREM,THEN GUESSED)

    20 The roads on Bolandia all run either north - south or east - west and are laid out on a 5km
    grid. Ahmed and Wayne are delivery drivers. One morning, Ahmed starts at Abbeytown
    and drives 5km west then 15km south to reach Barneyville. He then drives 5km east to
    Carloston. Wayne started at Barneyville, drove 5km south to Denburgh then 10km east
    and 15km north to Easterby. Ahmed then rings Wayne to arrange to meet for lunch.
    If one of them stays where he is, what is the minimum distance the other must drive to
    meet him?
    A 10 km
    B 15 km
    C 25 km
    D 30 km
    E 35 km
    It's 15 I believe. If you do it by pythag, it works out as approx. 11 so the min shown there would be 15? I'm probs completely wrong.
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    (Original post by xerriva)
    I suppose the structure is good, but in terms of the economics - this is just pure nonsense. Seriously you should know more about free markets and economic history. I hope you're not applying for economics.

    not tryna put you down, its well written but its just dreadful economics.
    It's a little basic but there's certainly nothing incorrect or completely inaccurate with the economics. Sure, there's certain points of view on various bits but isn't that what an argument is about? Please, tell us which bits you think are incorrect.
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    (Original post by amy123123)
    hey- are you by any chance applying for EP?
    im applying for E+M
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    (Original post by amy123123)
    GUYS- WHATS THE METHOD TO WORK THIS OUT (I USED PYTH.THEOREM,THEN GUESSED)

    20 The roads on Bolandia all run either north - south or east - west and are laid out on a 5km
    grid. Ahmed and Wayne are delivery drivers. One morning, Ahmed starts at Abbeytown
    and drives 5km west then 15km south to reach Barneyville. He then drives 5km east to
    Carloston. Wayne started at Barneyville, drove 5km south to Denburgh then 10km east
    and 15km north to Easterby. Ahmed then rings Wayne to arrange to meet for lunch.
    If one of them stays where he is, what is the minimum distance the other must drive to
    meet him?
    A 10 km
    B 15 km
    C 25 km
    D 30 km
    E 35 km
    I just drew it out. What made you decide to use pythagoras given that all the roads are horizontal or vertical - no diagonals?
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    (Original post by Consti.Rules)

    "Privacy is only good because people aren't good. In a perfect world we wouldn't need privacy." Is this right?

    The word 'privacy' implies how mankind naturally desires the right to self-determination. We believe we are entitled to make our own choices - whether these are right or wrong - without the bearing of external forces. Thus liberty as a concept infers the importance of self-determination to the world, whether this is for the advancement of the individual or of society as a whole.

    Presuming we lived in a perfect world, all individuals would be flawless, never putting a foot out of line. John Stuart Mill argued that the individual should be free to choose how they live their life so long as this did not cause harm to others. Given that the world is perfect, surely we will never harm others and therefore liberty is a natural right. If privacy did not exist it would be all to easy for others to coerce us into making certain decisions, thus meaning the impediment of our natural rights.

    This argument, however, is far too reliant on the premise that coercion would still occur in a perfect world. In reality this would not necessarily happen. Despite the increasing role of the state, it is wholly possible that in a perfect world, where everyone has perfect knowledge, that governments could be aware of the natural desire for the preservation of liberty. But then again in a perfect world there is not necessarily any need for the state given that there would be no need for human justice.

    If I were to bring a flaw to the reader's attention it would be this: perfection is simply a perception. As a result one man's perfection may be another's imperfection and vice versa. The "perfect world" is far too broad a term, one that cannot be provided with a universal solution. But if only 'good' can be done, and everyone sees what is being done as good, then surely there is as strong a case for privacy as there is for surveillance. If interference can be presumed to be 'wrong' there is a place in our society for liberty.
    Sorry to repeat my post but I would really like some constructive criticism on my essay so I have an idea of how to improve in the future.

    Anyways, does anyone know what happens to the essay section. I know they are sent to the college that you have applied to but what happens then? Are they all simply given a standardised grade/mark or are they simply there to see whether you have an adequate lingual ability? If it is the latter I don't think I would feel as pressured into trying to incorporate examples into my written work.
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    (Original post by mcl)
    NO i'm not applying for economics, i'm applying for PPE.....

    and thanks for your 'uplifting' comment...
    if you wanted to do some constructive criticism you could atleast have said what exactly is wrong with economics i have included?!??
    i would quite like to know cos i thought it was quite accurate...
    please remember i did this in timed conditions so its rushed and i know there are quite a few typos where it doesnt make sense
    the basis of this essay is political anyway - negative and positive freedom


    .....
    "The market could be dominated by a monopoly that could dictate prices and wages and therefore limit the liberty of other's choice and ability to enter the market and compete"

    this is not how laissez faire works.

    1) First of all, monopoly is a technical term and means single seller. This almost never happens. Oligopoly would've mean far more
    accurate.

    2) in a free market, barriers to entry are extremely low and by definition if someone is charging high prices this doesnt discourage entry it encourages it! because profits rise and entrepeneurs are attracted. this lowers prices and increases freedom

    As for the second from last paragraph: The period of history leading up to the great depression was far from a free market. Federal reserve control of bank lending practices was rife and control of interest rates strong as ever.

    As for the current crisis, the causes are very similar. I wont go into it here, watch this video. http://www.youtube.com/watch?v=TxgSubmiGt8
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    (Original post by Meliae)
    I just drew it out. What made you decide to use pythagoras given that all the roads are horizontal or vertical - no diagonals?
    erm..the distance one of them could have travelled was a diagonal (i may have drawn it wrong!)- did you see it was 10km from ur diagram??
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    (Original post by mcl)
    yes please do!
    thanks.... tbh its rushed in 30 mins and i like like quite alot of people am not going to be 100% accurate so could you explain what was so 'dreadful' about it?
    I'm going to be really concerned about how awful my knowledge of economics has become if I couldn't notice any mistakes. It was only 4 months ago that I got a distinction in the AEA! :facepalm:
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    I overheard part of a conversation today in which one person said ‘in my 4-digit PIN the first two
    digits are my house number, the middle two digits are a prime number and the last two digits are
    a square number.’
    ‘That’s careless talk,’ I thought. ‘Now we all know the last digit of your Personal Identification
    Number.’
    What is the last digit of this person’s PIN?
    A 1
    B 4
    C 5
    D 6
    E 9


    Can that not be 4 and 9??
 
 
 
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