ISI 2017 key

[wow]

Please specify the options c,d given in 23 and 24 respectively,thanks man

[Halflife]

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[wow]

Thank you.I hope you get through this thing and when is the result due?? I heard it's​ around last week of may!

[Halflife]

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[Halflife]

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[Asd1995]

I had a look and apparently increase in interest rate increases savings through substitution effect, and inflation decreases savings by income effect. Working in the IS-LM case I don't think inflation analysis was possible or required, hence b should be correct.

Also @abhitesh, I believe the question was New Keynesian model price stickiness, amd it so happens that the new keynesian theory also assumes a upward sloped supply curve so we may be wrong.

[wow]

So, is the final answer for this question upward sloping,upward sloping??

[Asd1995]

Wouldn't bet on it. Different resources say different things. Depends on assumptions. I'm still not sold on sticky prices being upward sloping.

[Daffodils]

I believe
sticky prices - horizontal
sticky wages - upward sloping

[Asd1995]

I hope so too!

How much are you scoring in economics?

[Daffodils]

75-85.. not sure though. highly optimistic expectation.. still not sure about the 3 multiplier answers. those can be game changers.

[Halflife]

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[Asd1995]

Everyone's getting 75 plus in eco :p This is going to be tight!

[Asd1995]

Anyone you know scoring 90 plus in eco?

[Daffodils]

 BBM MAY NOT ALWAYS BE EQUAL TO 1. EG - OPEN ECONOMY

[Asd1995]

bbm is change that occurs when g and t are changed by the same amount, simple calculation shows the answer to be (c)

[Daffodils]

and for q 12 and 13??

[Asd1995]

a and a

[Daffodils]

cool

[Asd1995]

85 then?