I get to burn modern in 11 days :D:D:D!!!!
i will do more maths next year
i will do more economics next year
I have two formals to go to!!:D
I can get a job and go shopping :D:D:!!!
Re: Economics Marathon - The 2006 Version
There are many causes of unemployment in the economy. It is for this reason that a variety of government polices are used to reduce inflation.
These causes are:
-Economic growth is not adequate enough to induce employment growth
-People choose to...
No i am not butch...
i have long hair, a wardrobe full of pretty clothes, I wear make up and i hate sport :D...so if you judge me by setreotypes then i can't be butch! :D
I would keep both for now. it is very dangerous to be on 10 units as all of them will count. Trust me you might wake up 3 days before the trials and start thinking WHY DID I DROP "subject X"...
So try hard in bith of them and keep both of them for now!
Economics
-You are inflation I am unemployment as you rise i fall, vice versa
-I am the CAD and you are the financial ccount. If i fall then you fall then we fall together. And if rise then you rise then we rise together.
Re: Economics Marathon - The 2006 Version
A centralised wage system is one which is heavily regulated and influenced by the government.
A decentralised wage determination is one which is determined by bargaining power, productivity and market forces (supply/demand).