jnu ppp

[k]

plz tell  me ans of jnu PPP ques..

[Ameya]

i think they were at par
50000*3/75 = 2000

i dont know.. i may be wrong

[k]

anybody sure of this ans??

[Akshay Jain]

the ques was saying dat acco. to ppp, price in A were 3 times higher dn dat in B. dis means dat petrol price is 4A$ in A and 1B$ in B...indivisual in A cn purchse 50000/4 litres of petrol while indivisual in B cn purchase 2000/1 litres of petrol....so acco. to ppp indivisual in coutry A is bettr off....(m nt sure bout it)

[k]

 i marked at par:(

[Akshay Jain]

and also if we take usd as a common currency it was coming out 1.5 usd to purchase petrol in both the countries...but income in A is higher dan dat of B....so A is bettr off...

[Target MA]

it is at par..
what was the rank of the matrix A'B'..?

[k]

rank was 2

[k]

what was ans of last ques?

[Target MA]

r u sure..?
and what was the answer of the profit maximizing quantity..options were 1/99, 5, 10..

[Target MA]

there were 3 different papers...what was the question?

[k]

ya its 2....
monopoly 's ans was 5

[Akshay Jain]

how is it at par???...pls explain

[B]

Will those two countries trade? I chose will not trade cuz the comparative advantage was same for both. Also tariff vale question ka kya answer hoga?

[Rhidima]

according to the PPP, the answer was coming that country A was worse off and country B was bttr off bcoz EA$,B$=3 & EB$.A$=1/3..

[Rhidima]

did anyone solve that urn probability question. How was it suppose to be done??

[Akshay Jain]

the two countries will not trade....nd tariff wala wues to smjh hi nhi aya...anyone did it??

[B]

There was a misprint. It actually was Urn 'i' has i defective balls.. Then you could solve it..

[Akshay Jain]

i think the question was wrong....info was given bout only urn 1....

[k]

i did nt attempt tariff ques....
what was ans of wage -effort ques??