Same.. any idea about 18.
Also for 9, if the optimal vector is 4,5,7 ,, I think all consumers would go for the bundle rather than buying separately.. so I belive the answer to 9 is A
14- Public + Private Savings =National Savings=Y-C-G
To increase these savings,just decrease G,which means a Contractionery Fiscal Policy,and to offset this would require an expansoinery Monetary Policy.
If I somehow get in to the interview round,would the written exam marks count?
That is if I totally rock the interview,would it guarantee an admission?
Another one wrong for me as well, which pushes my expected score into the mid seventies.
Is this platform a good indicator of cutoff scores? People who have been active for a long time, please throw some light!!!
I got the optimal vector one wrong.
Don't worry about 14, I messed up in my initial post. Essentially to increase savings r must fall, which happens under option C.
BTW I am referencing Mankiw's chapter on National Income when I state that "Essentially to increase savings r must fall."
Wanted to clarify as it sounds a bit counter-intuitive under ordinary circumstances.