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JNU 2006-2002 Doubts
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May 09, 2014; 6:55pm
Re: JNU 2006-2002 Doubts
84 posts
Tsuki,
For question 13,the prices have fallen for agriculture which means TOT have moved in favour of industry. So it's
b
(not d) or c, isn't it?
Homer Simpson
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May 09, 2014; 7:04pm
Re: JNU 2006-2002 Doubts
551 posts
13 would be (b) - i checked again. we need to multiply with 100 because these are indexes.
“Operator! Give me the number for 911!”
The Villain
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May 09, 2014; 7:25pm
Re: JNU 2006-2002 Doubts
538 posts
Tsuki..shouldnt it be unchanged..
Homer Simpson
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May 09, 2014; 7:31pm
Re: JNU 2006-2002 Doubts
551 posts
i rechecked and am sure we're supposed to multiply the ratio of price indices with 100 for the terms of trade. that changes it from 133.33 to 130 - meaning (b)
“Operator! Give me the number for 911!”
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