Re: JNU -1999

Posted by Akshay Jain on May 06, 2014; 7:11pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-1999-tp7585510p7588760.html

Total output in 1st period vl b min(4*k,6*9000), it is given that out of total 10000 labor 1000 is unemloyed so 9000 is emplyed
4*k=54000, k=13500 in the 1st period
now output is 54000 of which 15% dat is 8100 is investd in nxt period as additional investment
labor force in period 2 vl be 11000
so output in period 2 vl b min(4*21600,6*11000)=66000
hence no unemplyment nd capital vl be extra....