Jnu. National income accounting question 2007

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Jnu. National income accounting question 2007

Spiti

I am getting the following
GDP@MP= 11500
GNP@MP=12000 so this implies pvt consumption exp = 9000
Gross investment = pvt investment + govt investment=2000( I'm not sure)
Gross savings= pvt savings+govt savings =?-300. How to find pvt savings
Help needed with (e) and (f)
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Re: Jnu. National income accounting question 2007

kangkan
GNP=C+I+G   120000=9000+I+1500=1500  therefore gross investment=1500
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Re: Jnu. National income accounting question 2007

kangkan
In reply to this post by Spiti
gross savings S(private)= Yd-C= 12000-1500(taxes)-9000=1500....

S= Sp+Sg=1500-300=1200
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Re: Jnu. National income accounting question 2007

kangkan
ratio..disposable income=12000-1500=10500..savings =1500..ratio=1500/10500=0.142

I think these are correct :)
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Re: Jnu. National income accounting question 2007

Anjali
In reply to this post by kangkan
Kangkan I guess your approach is wrong
For gross savings we take this formula
Sp+Sg= Investment + CA
So Sp should be 1300
Let me know your view point
"Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth."
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Re: Jnu. National income accounting question 2007

kangkan
yes..i think i made a mistake.thanks for pointing it out :)
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Re: Jnu. National income accounting question 2007

Anjali
Can we discuss this ques here ?
I guess NIA ques are not beind discussed at forum . And without knowing answers , it feels very difficult to approach such ques
"Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth."