School/Uni Help Thread

By most, you mean 2...?

 

Anybody have knowledge of the Scottish legal system?

I need to know the 3 types of judges. I have Justice of the Peace and Sheriff, not sure about the third

 

The Court of Session and High Court of Justiciary I think.

 

Aye I know the courts. I need to know the other judge, I'm not sure if it's the High Court judge or something else. Someone help please

 

I imagine it would be The Lord President of the Court of Session

 

Cheers, I asked a pal from uni and he had that answer so I think I'll go with that

 

Probably a really simple question, but why is it that having good foreign currency reserves strengthens the value of that countries' domestic currency?

Also, is a 'sterling crisis' basically a balance of payments deficit drags down the value of the pound and threatens devaluation?

 

Anyone do higher maths? I'm really finding it difficult, did anybody else find it exceptional hard?

 

It is actually a pretty massive question! But the main reasons at a very high level are;

1.) It is a signal of a nations ability to pay foreign debt repayments and defend their own currency. It keeps nations liquid and helps maintain credit ratings, which is turn keeps the cost of debt low.

2.) Generally the more reserves, the larger scope for governments to manipulate FX rates. Governments do this in order to try and achieve a more favourable domestic economic environment.

3.) Central banks use monetary policy to control inflation. In not sure of the ins and outs but they often look to stimulate domestic inflation through issuing domestic currency and purchasing foreign currency.

As regards a "sterling crisis", yeah, you pretty much have it. It occured under Labour in the mid-70s when the world viewed sterling as being massive overvalued which led to a sell off. Which of course leads to a free fall in the value of the currency and lowers the purchasing power of the UK and so the government is forced to reign in spending and consumption.

 

I did it in 5th year failed the prelim, told them I would do it over 2 years. So did it again in 6th year, failed the prelim again then dropped it :icon_mrgreen:
So aye I found it really difficult

 

did it last year. got the pass mark in the prelim then * up the final exam, missing out like 4 questions. somehow got a B but. everyone must have done * :icon_mrgreen:

 

Did it last year. Got an A in the prelim, started mucking about and got a C in the prelim. My own fault. Not the easiest of subjects

 

Pretty much what I did in higher English in 5th year. Scrapped a pass in the prelim then got a B in the final exam, I was shocked but obviously delighted

 

Cheers mate

EDIT: As a footnote to my question, you don't happen to know why purchasing domestic currency using foreign exchange is deemed a liability for a central bank, despite the fact that the increased demand for the currency stabilises its value?

 

For maths you'll just have to do loads of past paper questions.

 

I didnt know this was treated as a liability, but Im guessing because it could be pretty expensive to hold excess reserves, especially when currency rates fluctuate? Assuming nornal inflation a central bank needs to keep increasing its reserves in order for the holding to keep its relative purchasing power, else the value of the excess will be deflated away.

But Im not 100% so dont quote me on this!

 

Using the nominal values of 100, 200, 300 and 400 Ohms, calculate:

Parallel resistances RP1 and RP2
Total circuit resistance RT
Total Current IT
Component voltages VP1 and VP2
Branch currents IA, IB, IC, and ID
Total Power Dissipated PD




Simple but it's been so long sine I've done this. Any help???

Showing all working

 

Soooo...had my psychology exam today. Was up all night writing out two essays and learning the * out them. Had been one or the other in the last 6 years of past papers. Also wrote about 15 pages of notes for the multiple choice questions.

Walked into the hall feeling like a boss and thinking I've got this in the bag, only to turn over the paper and find the traitors had finally changed the question.

Only mustered up 3 pages of * on heuristics. For the probability heuristic I used the example of a student who looked at past papers and based their learning solely on the probability of a particular question coming up. And how it was a fundamental error as there was no guarantee it would come up. :icon_mrgreen: Hope they see the funny side as it was a * dire essay.

 

RP1=(RA*RB)/(RA+RB)
RP2=(RC*RD)/(RC+RD)

RT=RP2+RP2

IT=Vs/RT

VP1=Vs*(RP1/(RP1+RP2))
VP2=Vs*(RP2/(RP1+RP2))

Current going to P1 IP1= IT*(RP2/(RP1+RP2))
Then current IA=IP1*(RB/(RA+RB))
So current IB=IP1*(RA/(RA+RB))

IP2=IT*(RP1/(RP1+RP2))
IC=IP2*(RD/(RC+RD))
ID=IP2*(RC/(RC+RD))

PD=(IT^2)/Vs


Stick in the numbers given into each of these equations and thats you!
Studying similar stuff for uni just now

 

Brilliant!! Really appreciate you taking the time to help me out, thanks a lot