isi

[aditi5000]

Fair enough, but clarify this - how can consumption be broken up into consumption of domestic and consumption of imported goods? have you ever seen a consumption function such as
 c= c0+ c1(Y) + mpm(Y) or even c= c0+ c1(Y) + M bar 

It is always c = c0+c1(Y-t) and the import function is given as net exports actually with
NEt exports = X bar - (M bar + MPM(Y))
NEt exports = X bar - M bar - MPM(Y)

[lovekesh]

I think a person giving ISI exams should not have that basic doubt just two days before. I think i should mind my own bussiness but you need to study national accounting more thoroughly.
No offense

[aditi5000]

None taken. All the best. Thanks for your advice and opinion.

[lovekesh]

all the best to you too. And i am sorry i didn't mean to be rude. Even i had to study national accounting around 5 times, i scorched the internet to find everything about it and i am still vunerable to mistakes. I even read report from bureau of economic analysis about national accounting.

[aditi5000]

We're all students, we're all learning. I'm very open to accept the possibility (or probability, as the case may be) that I'm not right! So I'm not offended at all. Let's hope the right answer comes up somehow in the remaining time period and in case it doesn't, just go with your gut feeling.

[ritu]

chill guys..:)..i never expected that a single question wud lead to such a massacre...
amit sir pls come to our rescue and present the final verdict....ppppplllllllllllsssssss sir....:(

[ritu]

"a good is called as final good only when it has reached its final customer.thus the value of a good is included in gdp of only that year in which it is sold,otherwise if its left unsold,it will be treated as part of investment inventory only"...