jnu 2011

[aastha]

@ seema :

i think its a) .. though i am not sure , , i ve calculated it by voting , , i could be horribly wrong !!
 :P

[ritu]

@seema what ur saying is true for value added by a single firm but not for gdp....
in this particular question ..for gdp u require the sum of value added by all firms...we just need to add first value added by x nd y....nd z also.....z is also a firm in the economy and what it is selling is a final good for it...
so answers acc to me  shud be"
12.    16.5
13.    18
14.    150
15.     20%


those who agree pls confirm:)

[a.m]

for GDP we add the value of final products right ? The intermediate products aren't added. Neither are the subtracted, are they ?

[tim]

Thnk u seema for answering that questn.

[tim]

@ seema n aastha

do u hv SIS jnu k questn ppr ? if yes cn u pls post the link

[tim]

@ seema n aastha

do u hv SIS jnu k questn ppr ? if yes cn u pls post the link

[aastha]

@ tim

yes i have sis papers , bt a hardcopy only !!

[aditi5000]

Hi Seema

Should answer 12 be 16.5 ? pxqx + pyqy ... No subtraction of pzqz because it is an intermediate good (check page 22 Mankiw Macroeconomics..)
And thus, answer 13 is 18 (6*1+6*2)
14 - 150 (6*1.5 +18/18 into 100)
15 - 20 % (growth  is 18-15/15 into 100)

[aditi5000]

a.m., Are you getting the same answer as me by any chance?

[aditi5000]

I agree with your answers Ritu!

[ritu]

am----- they are intermediate products for x and y so we subtract them.....but they are final products of firm z so we add them....so in net terms only the sales of x nd y get counted....both of us are saying same thing albeit with a different perspective!!!!!!

[tim]

@ aastha is it possible for u to scan them ?
Also temme frm where r u dng gk that cms in jnu exam ?

[a.m]

@ Aditi - Yes ! :) Am getting the same answers as yours.