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nikki
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PostSubject: Re: what you up to?   Tue Apr 21, 2009 3:15 pm

WishUponAStar wrote:
ahh, i know!
it's horrible!

hahaha, ahh, i'm sure you'll pass without the revision!
but i wouldn't advise you do that Razz

by the way, sorry to ask you yet another question......
but for this question: 'Discuss the effectiveness of a rise in Government spending in promoting economic growth'
do i need to mention AD and AS?
Or just AD?

also, in a question like that, would you also mention other stuff that can promote economic growth?
such as a lower exhange rate or a decrease in taxation?

I think both but more AD. A rise in AD will affect AS Smile Draw some AD/AS diagrams to help explain what you mean.
You could mention that a decrease in tax and an increase in govt. spending would mean a change in fiscal policy (it would be an expansionary fiscal policy) Smile

Exchange rates aren't controlled or set by the government directly, govt. uses interest rates to influence inflation which will in turn affect exchange rates Smile but the UK is on a freely floating exchange rate (not sure you've learnt about that yet)...
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PostSubject: Re: what you up to?   Tue Apr 21, 2009 3:21 pm

nikki wrote:
WishUponAStar wrote:
ahh, i know!
it's horrible!

hahaha, ahh, i'm sure you'll pass without the revision!
but i wouldn't advise you do that Razz

by the way, sorry to ask you yet another question......
but for this question: 'Discuss the effectiveness of a rise in Government spending in promoting economic growth'
do i need to mention AD and AS?
Or just AD?

also, in a question like that, would you also mention other stuff that can promote economic growth?
such as a lower exhange rate or a decrease in taxation?

I think both but more AD. A rise in AD will affect AS Smile Draw some AD/AS diagrams to help explain what you mean.
You could mention that a decrease in tax and an increase in govt. spending would mean a change in fiscal policy (it would be an expansionary fiscal policy) Smile

Exchange rates aren't controlled or set by the government directly, govt. uses interest rates to influence inflation which will in turn affect exchange rates Smile but the UK is on a freely floating exchange rate (not sure you've learnt about that yet)...

Maybe i should start a new topic so you two can discuss you economics c/w Razz
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nikki
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PostSubject: Re: what you up to?   Tue Apr 21, 2009 3:29 pm

Hehe it's not coursework (well, it's not my coursework anyway!). Thank goodness that coursework stage of my life is well and truly over Razz
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WishUponAStar
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 10:56 am

Hahaha, sorry!!
I just really can't do economics!!

Anyway, thank you so much nikki!! Very Happy
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Ronnielleno1fanforeva!
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 10:57 am

wth is economics?
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nikki
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 11:11 am

WishUponAStar wrote:
Hahaha, sorry!!
I just really can't do economics!!

Anyway, thank you so much nikki!! Very Happy

No problem, and i'm sure you can Wink

Economics in general is the entire financial system of a particular country Smile

You've heard about the economic crisis right? How banks are being taken over by the state and lots of businesses have had to sell because they've gone bankrupt? That's all to do with economics Smile
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 11:16 am

SHAKE SHAKE , SHAKE SHAKE AHH SHAKE IT ! ! !
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WishUponAStar
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 11:23 am

nikki wrote:
WishUponAStar wrote:
Hahaha, sorry!!
I just really can't do economics!!

Anyway, thank you so much nikki!! Very Happy

No problem, and i'm sure you can Wink

Economics in general is the entire financial system of a particular country Smile

You've heard about the economic crisis right? How banks are being taken over by the state and lots of businesses have had to sell because they've gone bankrupt? That's all to do with economics Smile

Haha, yep, I can't seem to get away with all of that stuff!
But yeahh, when you put it like it, it seems so simple cos' nothing you hear on the news ever goes into that much detail (well not the stuff i watch anyway...) Razz

by the way (last question, i promise!!), does increasing the money supply or lower interest rates count as fiscal policy?
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nikki
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 11:36 am

Increasing money supply is monetary policy (though increasing or decreasing the money supply isn't generally used as a policy anymore..., but interest rates also count as monetary policy and they are reviewed every month). Fiscal policy is taxation and government spending Smile
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 12:11 pm

ok..thank you!! Very Happy Very Happy Very Happy
bet you're relieved to hear this - this essay is being handed in tomorrow so no more question!! Very Happy Razz
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 12:28 pm

Haha lol I really don't mind at all Smile Happy to help in fact!
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 12:58 pm

Aww, well thank you so much! Very Happy
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 1:47 pm

these guys r outside my house chanting danielles dead Sad Sad Sad Sad Sad Sad Sad Sad Sad
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:10 pm

Who are they?? Do you know them?
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:13 pm

i fink so i reconmise 1 of there voices Sad
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:21 pm

Ronnielleno1fanforeva! wrote:
i fink so i reconmise 1 of there voices Sad
Go out there and smack em one!!!!!!!!
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:24 pm

Agreed. Either that or chuck water out of a bucket at them, that'll show em!
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:25 pm

wen i looked out the window they ran away but there in for it a skul tomoz
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:28 pm

You get a friend then you both beat them down into a fine pulp.

well thats what i'd do Razz
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PostSubject: Re: what you up to?   Wed Apr 22, 2009 2:42 pm

They just dont know who therre messing with!
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PostSubject: Re: what you up to?   Thu Apr 23, 2009 3:10 pm

i'm so bored.
and so fed up of revising for french orals Sad
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PostSubject: Re: what you up to?   Fri Apr 24, 2009 11:43 am

Iv been school and the opticiants and im getting my new glasses next week + one free pair yay lol

and now im too tired to do or concentrate on revision
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PostSubject: Re: what you up to?   Tue May 05, 2009 11:28 am

I can't be bothered to do anything...........................................................

My favourite teacher had a baby yesterday Razz Razz Razz Razz She only officially started maternity leave today!!! lol!
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PostSubject: Re: what you up to?   Tue May 05, 2009 11:29 am

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PostSubject: Re: what you up to?   Tue May 05, 2009 11:35 am

I realised yeaterday that my nine-year-old cousin's eyes are really similar to SJ's!
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