Re: jnu 2011

Posted by aditi5000 on May 16, 2012; 9:54am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2011-tp7503584p7561526.html

hi Seema
in question 17, you wrote
PY=1000+0.2W+I
=> PY= 4000+(1/0.25) I
I tried the same thing but I got :
PY = C+I
PY = 1000 + .8W +.6PY - .6W + I
.4 PY = 1000 + .2W +I
        =1000 + .2 (10*1500) +I
        =4000 + I
        = 4000/0.4 +I/0.4
PY = 10000 + I(2.5)

which means multiplier is 2.5 - obviously a wrong answer but where am I going wrong? I followed your procedure completely... Please help. Thank you in advance.