Yes, Britthney because of course the activity starts with the assertion that 'Illustrate the impact on the two diagrams if US products become less popular, relative to UK goods and services in both nations'. I have changed...
The market for foreign exchangeGood day, For activity 1- The answer mentioned that more UK citizens would wish to purchase American items, however, wouldn't it be less?
The market for foreign exchangeHello. In activity 1 for number 3, should it be that less persons in the uk want the American dollar?
The market for foreign exchangeHi Liam, Thank you so much for pointing this out. This kind of information is very useful to me. Kindest, Alex
Paper 3 question on positive externalities, income elasticity of demand, the Engel curve and common-pool resourcesHello! For question 8 (viii), the PDF answer key has a mistake as it says fishing is 'non-rivalrous', while the answer key on the website says 'rivalrous'
Paper 3 question on positive externalities, income elasticity of demand, the Engel curve and common-pool resourcesHi Anna, Thanks so much for your point. The question is: Which of the following is not true? And the answer is the abnormal profit is not true. Hope this helps, Alex
Unit 2.11(4) Market power - Monopolistic competition(HL)Hello, in the quiz the correct answer to question 8 is A, while D is marked as a correct response.
Unit 2.11(4) Market power - Monopolistic competition(HL)Hi Zersheen, I've found the right question and made the change. Thanks so much for pointing this out. Kindest, Alex
Paper 3 question measuring real GDP, measuring economic growth, business cycle, maximum prices and housing market policiesHey Alex - Can we change the wording of reactors to tractors please? My students got slightly confused... Thanks a mil :)
Paper 3 question measuring real GDP, measuring economic growth, business cycle, maximum prices and housing market policies
Ildefonso
Hi, The section “Explaining the Phillips curve” reads “… This could be due to a fall in demand, which is contributing to unemployment…” However the whole paragraph describes an increase in AD and the consequent fall in unemployment. Maybe ”This...
Unit 3.3(3) Macroeconomic objectives: inflation and deflation