JNU 2006-2002 Doubts

[Homer Simpson]

the median of your example is 12 not 10.

[Anjali]

Try this

[Anjali]

[econ14]

@tsuki  OMG so sorry

[Homer Simpson]

  waise, can you try out 16? pura confused about that :(

[econ14]

16. In a closed economy, the marginal propensity to consume halves but the level of investment remains the same. Assuming all other things do not change, at the new equilibrium, in comparison to the earlier one.
(a) Savings doubles. (b) Income halves. (c) Savings is unchanged. (d) We cannot necessarily claim any of the above.

ans...
y=c+I
Y= .8Y+ 100 (let inv. be 100)
solving y= 500
saving 100
when mpc is half.=.4
y=.4y+ 100
y= 166.67
saving = 166.67 X .6 = 100(aprox)

[Anjali]

 Sandeep !

[Homer Simpson]

 thanks Sandeep!

[econ14]

hey tsuki can you please explain how you got (a) jnu 2002 q
13) There are two villages A &B. An equal number of households,say200, live in A and B.Total agricultural land in each village is 200 hectares.the median land holdings is 0.5 hectares in A and 1 hectare in B.What can you say about inequality of land distribution in A and B ?
a:Inequality is more in A than B      
 b:inequality is less in A than B  
c: inequality is same in A&B
d: any of the above can be true
since median is not a measure of inequality, so wat will be the option b/w c & d?

[Anjali]

Yes , even I have this doubt . Please explain tsuki !

Guys please see this question :
Suppose that GNP at current prices in a country in 2002 was Rs 250 , the implicit GNP deflator ( base-100) for the year 2002 in this country was 125 . Then the GNP for this country at constant prices was
125
50
200
175

[econ14]

2oo
gdp def= n.gdp(current price) / r.gdp X 100

[Anjali]

Ron even I guess that y= a^x
But here after taking the derivative , the base of log will be 10 or e ?

[Anjali]

I tried - not getting the answers

[Anjali]

What are n and r ?

[econ14]

nominal gdp (current price) real gdp (CONSTANT PRIce)

[Anjali]

Yeah agreed - but question is not getting solved . Could you please show the steps ?

[The Villain]

base is 10...
defltor=Nominal/real*100
here nominal is 250..
so 125=250*100/x
ans 200

[bhavya jain]

@ anjali i have posted the questions of jnu 2001 part b..plz see & reply

[Anjali]

Oooops !  my bad ! Thanks guys ! :-)

[Homer Simpson]

The most equal way to give land would be 1 hectare/household.

In village B, 100 households have more than 1 hectare while in village A, less than 100 households have landholdings more than 1. In other words, a greater average share of land-holdings is being concentrated in fewer households in village A, as compared to B.

In that sense, i think land distribution is more unequal in village A.