Re: jnu 2017 answers sss, let's discuss
Posted by soimmoi on Dec 16, 2017; 5:49am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2017-answers-sss-let-s-discuss-tp7608176p7608490.html
see if PB/PA = 2 then the country will be able to produce 100 units of A and 50 units of B, i've assumed PA= 1 so, Pb=2. so, now Oc of A in terms of B is 0.5 which is same for the other country as well (i.e 100/200 = 0.5) so, both country have same OC. they will not be trading.
can we work on this problem too
JNU Pat year Investment = 5000 and Exports = 1000. If ratio of imports to national income is always 0.1 and ratio of savings to national income is always 0.2 then- a) Calculate trade balance
b) at this level of exports, Investment and import ratio, what should be the national income if economy is to have balanced trade?