VCE Economics Past Exam Questions

Browse VCE Economics exam questions from 2015–2025, including VCE papers. Filter by topic, year and paper; open the original source.

Indexed questions and parts404in Economics
Subject banks1subject
Exam years2015–2025Available in this subject

Matching results: 404 indexed questions and parts.

Section B, Question 3(b)Question part (b)

Economics2015VCESingle paper4 marks
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Report-based difficulty · MediumAverage marks: 50% of available · official reportFull marks: 25% of students · official report

b. Analyse, with reference to the cash flow transmission mechanism/channel and the exchange rate transmission mechanism/channel, how cuts in offi cial interest rates might operate

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Source: 2015 Economics exam · Report: 2015 Economics exam report

Section B, Question 3(c)Question part (c)

Economics2015VCESingle paper2 marks
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Report-based difficulty · MediumAverage marks: 65% of available · official reportFull marks: 49% of students · official report

c. Outline one possible negative impact on the economy associated with lowering the cash interest rate. 2 marks 2015 ECONOMICS EXAM 18

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Source: 2015 Economics exam · Report: 2015 Economics exam report

Section B, Question 4

Economics2015VCESingle paper14 marks
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Estimated difficulty · Medium

Question 4 (14 marks) Budget aggregates 2014–2015 to 2016–2017 Estimates 2014 –2015 2015–2016 2016–2017 underlying cash balance ($b)(a) – 41.1 –35.1 –25.8 per cent of GDP –2.6 –2.1

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Source: 2015 Economics exam

Section B, Question 4(a)Question part (a)

Economics2015VCESingle paper2 marks
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Report-based difficulty · EasyAverage marks: 75% of available · official reportFull marks: 61% of students · official report

(a) excludes net Future Fund earnings Source: The Commonwealth of Australia 2015 a. Comparing the estimates in 2014 –2015 with 2015–2016, describe the change in the stance of budge

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Source: 2015 Economics exam · Report: 2015 Economics exam report

Section B, Question 4(b)Question part (b)

Economics2015VCESingle paper4 marks
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Report-based difficulty · EasyAverage marks: 72.5% of available · official reportFull marks: 48% of students · official report

b. Outline the likely impact on budgetary outlays and budgetary receipts if the rate of unemployment in Australia continues to rise in 2015–2016. 4 marks 2015 ECONOMICS EXAM 20 On

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Source: 2015 Economics exam · Report: 2015 Economics exam report

Section B, Question 4(c)Question part (c)

Economics2015VCESingle paper2 marks
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Estimated difficulty · Easy

c. i. Describe the link between government budget defi cits and the government/national debt. 2 marks 21 2015 ECONOMICS EXAM TURN OVER

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Source: 2015 Economics exam

Section B, Question 4(c)(ii)Question part (c)(ii)

Economics2015VCESingle paper2 marks
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Estimated difficulty · Easy

ii. Explain one reason why leaving ‘a legacy of debt’ may affect living standards. 2 marks

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Source: 2015 Economics exam

Section B, Question 4(d)Question part (d)

Economics2015VCESingle paper4 marks
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Report-based difficulty · MediumAverage marks: 57.5% of available · official reportFull marks: 22% of students · official report

d. Budgetary policy might operate to influence equity in the distribution of income. Select an example of a discretionary change in budgetary policy announced in the 2015–2016 Budg

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Source: 2015 Economics exam · Report: 2015 Economics exam report
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