jnu 2017 answers sss, let's discuss

[Rayee]

for 7. take the product of the values of the random variable Y with its respective marginal probability. it's a lil difficult to write and explain..google it. for 8, on basis of given info we can't conclude anything, so d.

[soimmoi]

35) a   36) d and i tried that bottle us india question, i'm unable to understand it properly.

[soimmoi]

Hey! I tried that bottle question again
see it's profitable to visit a foreign country when nominal and real exchange rate both are high.
here nominal exchange rate has increased from rs20=$1 to rs 45=$1 so which says it's profitable visit india in 2000
coming to real exchange rate since inflation rates are given we can calculate the price for 1991 which are coming out to be 2  in India and 1.5 in US so, real ER1991= 0.06   REAL ER 2000= 0.33   So, REAL ER HAS ALSO INCREASED. HENCE IT'S PROFITABLE TO VISIT INDIA IN 2000. Please share your views

[Rayee]

Hey clearly it's less expensive to visit India as real exchange rate depreciates nearly 100% (exactly 108.3%, this is where I had a little doubt about the maths I did). So in PPP terms India is less expensive. Anyway thanks:)

[soimmoi]

hey! how 108.3 % can you please tell how to calculate that

[Vidhya]

May I know which question you are referring to here, the bottle one?

[soimmoi]

Don't remember exactly, 2006 or 2007 sss

[mesh]

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[mesh]

can anyone help me with question 36 of 2014??

[soimmoi]

36 sss d

[mesh]

can u tell me how?

[Rayee]

RER=EP*/P
take log and differentiate
dRER/RER=dE/E+dP*/P*-dP/P
                   =125+33.3-50
                   =108.3
Correction: this is not exact , this is log approximation.

[soimmoi]

2016 sss 7) a   like when you calculate for y = 196 tax rate is 22.9 and when  you calculate for y= 225 tax rate is 22.2
 54) part c ans. 159?      14) d   25) C  32) C

[mesh]

whats the answer for 2016 sss question 52

[mesh]

question 54 part c ,i am getting 115
and for question 7, use differentiation !!
for 25th, iam getting d

[Jinx]

How to find profit maximizing supply??

[mesh]

where marginal revenue equals marginal cost

[Jinx]

Thanku

[soimmoi]

for 54 you calculated profits for both the markets using (P-AC) Q?

[soimmoi]

FOR 2016 SSS using differentiation also i'm getting a. please explain