Re: jnu mphil 2014

Posted by shelly gupta on Apr 27, 2015; 10:42am
URL: http://discussion-forum.276.s1.nabble.com/jnu-mphil-2014-tp7596380p7596385.html

w/p = 1/3 which implies w=1/4 and p=3/4

S/Y = Sw W/Y + Sp P/Y
      = 0X1/4   + 2/3X3/4 = 1/2

S/Y = mps = 1/2

multiplier = 1/S = 1/(1/2) = 2

thus option c