Re: jnu 2011

Posted by Manvendra on Apr 26, 2012; 8:01pm
URL: http://discussion-forum.276.s1.nabble.com/jnu-2011-tp7503584p7504129.html

Hi,

In the above reply I made an error in the calculation of the Price Level .

 P = m * w/a .   { I forgot to multiply 'm'}

Using this will give us the correct answer ( = 24000 ).