Re: JNU ECOM 2011 QUES 11-22 {Must see}

Posted by suvidya patel on Apr 11, 2014; 1:00pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-ECOM-2011-QUES-11-22-Must-see-tp7585124p7586635.html

12 . GDP at current price=pxqx+pyqy
                               1.5*3+2*6
                                 16.5
 
13.  GDP at constant price= 6*1+6*2
                                   18

14.  GDP defaltor= nominal gdp/real gdp
                        6*1.5+3*6/18
                      150
15. rate of growth=real gdp3-real gdp2/real gdp2
                              18-15/15*100
                       20%