Re: jnu 2011
Posted by AJ on May 16, 2012; 1:06pm
URL: http://discussion-forum.276.s1.nabble.com/jnu-2011-tp7503584p7561777.html
@ vasudha
I too am getting (b)
and I solved:
2500+x = 8750-x-y = y
8750 is expected income of period 2
x is amount he borrows from period 2 ..for period 1
y is amount he saves in period 2..for last period
so I am getting .. x as 1250..
and y as 3750
and consumption in all periods as 3750
I don't know if we r doing same thing or not..!!