Re: JNU 2013 SSS DISCUSSION

Posted by Shahbaaz Khan on May 12, 2014; 3:12pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-2013-SSS-DISCUSSION-tp7584716p7589440.html

Please let me know if these answers are wrong

Ans 15 - It could be "d"

Ans 69 - It should be "d" as we dont know the price level in 1990-91. It could be in favor either agri or manu depending upon their initial price levels. Regarding option "c" , as there is a difference in the %age changes in the price level ,I believe there must also be a change in relative prices. So it cant remain constant.

Ans 58 - it should be "a". The reason because here he is asking only about (Y-C) which is nothing but I and in the question it is given that I is autonomous of Y. So changes in MPS and all will not affect I. As economy one has double of I (Y-C) for 1 will be double of 2.