Re: DSE 2006
Posted by sonudelhi on Jun 07, 2012; 5:38am
URL: http://discussion-forum.276.s1.nabble.com/DSE-2006-tp7577468p7577533.html
given Yt=min{Kt/2,Lt/4}
Yt=min{200/2,420/4}=100
also Yt=Kt/2=Lt/4
implies Lt=4Yt=4*100=400 current employment
Kt+1=200 +20% of output is saved and invested
=200+20=220
Lt+1=420+4=424
Yt+1=min{220/2,424/4}=min{110,106}=106
therefore Lt+1=4Yt=4*106=424 employment tomorrow
hey chinni can you help me in question 21,22,23 0f dSE 2006