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The O grade was equivalent to a GCE Ordinary Level pass which indicated a performance equivalent to the lowest pass grade at Ordinary Level.. Over time, the validity of this system was questioned because, rather than reflecting a standard, norm referencing simply maintained a specific proportion of candidates at each grade, which in small cohorts was subject to statistical fluctuations in ...
While studying, Fok set up another tuition centre, JCEconomics.com, specialising in teaching in A-level economics. [ 2 ] In 2016, several media stories included Fok in a list of 'super tutors' who could obtain high incomes for conducting private tuition.
The AS-level is now a separate qualification and is not required for an A-level award, although it still encompasses the first year of the full A-level content. However, unlike AS-levels in the old modular courses, they are now worth only 40% as many UCAS points as a full A-level (from 50% in the modular courses), as content from the second ...
In economics, the Laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of the government's tax revenue. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue. [a ...
The Basic Economics Test or BET is a standardized test of economics nationally norm-referenced in the United States for use in the upper-grade levels of elementary schools. It is one of four grade-level specific standardized economics tests (i.e., Test of Economic Knowledge (TEK), Test of Economic Literacy (TEL) and Test of Understanding in College Economics (TUCE)) sponsored and published by ...
The scientists measured heavy metal content against California’s ... “Sixteen of the 48 products had amounts above CR’s levels of concern for at least one of the heavy metals — in some ...
Economics classes make extensive use of supply and demand graphs like this one to teach about markets. In this graph, S and D refer to supply and demand and P and Q refer to the price and quantity. The following outline is provided as an overview of and topical guide to economics: