Re: JNU 2018
Posted by soimmoi on Dec 15, 2017; 11:29am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2018-tp7608174p7608467.html
Q1) Given : (jnu past year) please cross check
GDP at factor cost(FC) 10000
Net factor income from abroad 500
Net Indirect taxes(NIT) 1500
Government(non-investment) expenditure at market prices(MP) 1500
current account deficit on balance of payments 500
gross savings of government -300
Calculate :
1) GDP at MP : 11500
2) GNP at MP : 12000
3) if pvt consumption expenditure is .75 times the GNP at MP, calculate Gross investment :
4) Gross savings in the economy :
5) Gross pvt savings :
6) pvt sectors savings ratio out of its disposable income : 0.25