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Economics SL P1 (TZ2)


Eastcoast93

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How did everyone find it?

I thought it was quite fair, surprised to see that cost push/demand-pull question was on there again, had been on the exam in may 2007 i think (signalling and incentive too). very good question though! inflation vs. deflation was a good evaluation as well. only thing i forgot was to name wage factors as reasons for cost-push inflation...mentioned rising oil prices, natural catastrophes and supply shocks and reduction in technology or institutional factors instead...

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