Re: JNU SIS 2012
Posted by ViV on May 02, 2014; 6:27am
URL: http://discussion-forum.276.s1.nabble.com/JNU-SIS-2012-tp7588140p7588232.html
@Anisha: 24th I have explained. Do check..
@Ishita: In that I-Pod question answer is (d). It's just how we explain price elasticity.
In multiplier K = 1/1-mpc + import proportion
= 1/0.15+0.05 = 5 1-mpc = mps = 0.15