jnu 2013 doubts

[tanudas]

26. National accounts of a country show the following

Nfia   10
Income from private domestic industries.   780
Income from governmental industries.   100
Personal consumption expenditure.   500
Govt purchases.   250
Exports.   40
Imports.   60
Depreciation.   30
The net domestic product is
(A) 890
(B) 880
(C)910
(D)660


I'm confused between options A and B. Do we add nfia when income method is used for calculation ?

[lucy]

No, nfia has nothing to do with income method.

[sharma]

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[ABHI1994]

option b is correct

On 11 May 2015 at 12:04, SHK [via Discussion forum] <[hidden email]> wrote:

Hey tanu ! Did you solve questions 54-57 ( same paper) of jn.u 2013. If you have can you plz tell me the method

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NAML

[ABHI1994]

by calculating from income side 780+100

On 11 May 2015 at 20:57, SINGH ABHINAV <[hidden email]> wrote:

option b is correct

On 11 May 2015 at 12:04, SHK [via Discussion forum] <[hidden email]> wrote:

Hey tanu ! Did you solve questions 54-57 ( same paper) of jn.u 2013. If you have can you plz tell me the method

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[sharma]

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[ABHI1994]

nope

On 12 May 2015 at 14:01, SHK [via Discussion forum] <[hidden email]> wrote:

But NDP has been asked. N you need to deduct deprication moreover even if we calculate through income method net export v include hona chahiye na

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[tanudas]

for 54-57, the equation comes out to be Y=500+0.7(Y-0.15Y+750)+1000=500+0.595Y+525+1000
So the investment multiplier will be 1/(1-0.595).
for equilibrium income, solve the above equation.
With transfers, the equation transforms to Y=500+0.7(Y-0.15Y+0.10Y)+1000. Proceed as above for the multipliwr and income.

Can someone explain questions 36, 44 and 60 ?

[sharma]

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[ABHI1994]

36-d,44-a,60-c

On 13 May 2015 at 14:06, SHK [via Discussion forum] <[hidden email]> wrote:

Thanks alot tanu :)

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[tanudas]

I'm getting b for 60. How did you do it ?