JNU 2006-07
Posted by abhinav619 on May 12, 2014; 2:32pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-2006-07-tp7589431.html
1.)
A nation invests all it saves and its rate of saving is 30 per cent. if the annual rate of growth of that country is 6 per cent, then its production conditions must be such that it delivers a unit increment in output for every
( a) 2 units of investment
(b)10 units of investment
(c) 3 units of investment
(d) 5 units of investment
2.)
Consider a closed controlled economy with unlimited supplies of labour in which the incremental capital-output is 4 and the rate of population growth is 1.5% per annum. If the economy wants to allain a growth rate of per capita of 6% per annum, what must be the savings rate in the economy?
(a) 24
(b) 27.5
(c) 30
(d) 36