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July 20, 2025, 03:01:12 pm

Author Topic: Eco Exam  (Read 33273 times)  Share 

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chasej

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Re: Eco Exam
« Reply #120 on: November 05, 2013, 07:46:10 pm »
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It's not THAT bad to change your response is it?

If I'm over 75% sure in my new answer then I'll change it :P

I think it's moreso not to change it in the last second when you are going through your answers at the end of writing time. As in those situations (I've found) there's a tendency to get nervous as time is running out etc. and lose confidence in your original decision and then make a bad decision.

Going through and changing what you think is the correct answer as long as you are still in the original process of thinking about the question is alright

Anyway, I think that's the logic behind it.
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Re: Eco Exam
« Reply #121 on: November 05, 2013, 08:13:58 pm »
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These are my comments on FB:

The answer is definitely B mate. It's assumed that households allocate their income to either consumption or savings, and that there's an inverse relationship between spending and savings. If you spend more, you save less. You can't spend more and save more, it's illogical.

chasej

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Re: Eco Exam
« Reply #122 on: November 05, 2013, 08:23:48 pm »
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The answer is definitely B mate. It's assumed that households allocate their income to either consumption or savings, and that there's an inverse relationship between spending and savings. If you spend more, you save less. You can't spend more and save more, it's illogical.

Yeh. I have now accepted my fate :P
Graduated with Bachelor of Laws (Honours) / Bachelor of Arts from Monash University in June 2020.

Completing Practical Legal Training (Graduate Diploma of Legal Practice)

Offering 2021 Tutoring in VCE Legal Studies (Awarded as Bialik College's top Legal Studies Student in 2014).

Offered via Zoom or in person across Melbourne.  Message me to discuss. Very limited places available.

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Re: Eco Exam
« Reply #123 on: November 05, 2013, 09:35:08 pm »
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Yeh. I have now accepted my fate :P

Ha. Sorry if I came across as being a bit blunt there. I'm sure you still did well for the rest of the exam.  :)