Re: A Question asked for JNU M.Phil Entrance Examination

Posted by vandita24x7 on May 15, 2014; 1:32pm
URL: http://discussion-forum.276.s1.nabble.com/A-Question-asked-for-JNU-M-Phil-Entrance-Examination-tp7589313p7589813.html

Mrittik pls explain the reason behind u doing 24*2. Why have u multiplied with 2 ???

vandita

On 15 May 2014 18:08, "mrittik [via Discussion forum]" <[hidden email]> wrote:

simple HD model- savings rate/(cap-output raio) = growth rate of economy => s=4*6=24..if 50% profit is saved then pre-tax share of profit in GDP=24%*2=48%.

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