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 Administrator This post was updated on . 1. (c) less than 2% 2. (a) has a mean 0 and a standard deviation of 1 3. (a) indicates a one-tailed test with a rejection area in the right tail 4. (b) Increase (Reason: Since time deposits have become less liquid, people will hold more money for transactions) 5. (d) A non-resident Indian visiting India purchases rice, goes back to his country of residence, makes a dosa and then sells it to his neighbor. 6. (d) (4, 4) or (4, 0) or (-2, 2) 7. (a) The other corners are (1, 1, 0), (1, 0, 1), (0, 1, 1) and (1, 1, 1) 8. (d) None of the above 9. (a) The volume of the cube is 1 10.(b) The area of the cube is 6 11.(a) 0.10 12.(d) 1.10 13.(d) None of the above 14.(c) 16.16 15.(c) wages should rise and rents should fall in country A 16.(c) \$2500 and 2000 computers 17.(b) 1600 computers, increase, decrease 18.(b) increase, decrease (Note: We are asked to compare quota situation with no trade situation) 19.(b) f'(x) > 0 20.(d) a=b 21. (d) None of the above 22. (a) S=G 23. (c) 4 24. (b) 2.5 25. (d) None of the above 26. (a) 0.5 27. (b) 1-(1-p(1))(1-p(2))(1-p(3)) 28. (c) 1/2 29. (c) Situation (i) is at least as likely as situation (ii) 30. (d) None of the above 31. (b) 72 x 0.00001 32. (d) None of the above 33. (c) C's weight or E's weight 34. (b) the average of B's weight and E's weight 35. (b) 2 36. (c) greater than unity 37. (a) greater with replacement than without' replacement 38. (c) less than 1/16 39. (c) 76 40. (b) B 41. (d) 0 42. (b) Chemistry 43. (a) P 44. (b) hockey team 45. (a) A 46. (c) more output and has a lower price 47. (b) shorter than 48. (d) None of the above 49. (a) 11 5 50. (b) 6 51. (c) 20 52. (b) 12 years 53. (d) 17 54. (c) 10 meters 55. (d) None of the above (47 days) 56. (b) x = 1.5, y=1.5 57. (a) x = 1, y = 2 58. (d) either x = 2, y = 1 or x = 1, y = 2 59. (b) Output y/2 is produced in plant 1 and output y/2 is produced in plant 2. 60. (a) y = 3 61. (d) None of the above 62. (a) x(1) + x(2) 63. (c) x* = 0 or x* = 1 or f '(x*)=0 64. (c) To prove that f is not a function, it is necessary to demonstrate (i) or (ii) 65. (c) Demonstration of (i) and (ii) is sufficient to prove that f is not a function 66. (a) The range of the surjective function is always equal to its codomain 67. (d) None of the above 68. (a) 0 69. (c) 4 70. (b) After two years 71. (b) After two years 72. (b) After two years 73. (a) Today 74. (a) Today 75. (a) Today 76. (b) 1980-85 77. (d) 1990-95 78. (c) 3 79. (a) 1 80. (d) The substitution effect is negative and there are no income effects 81. (a) The Slutsky equation says that the total change in demand is exactly equal to the sum of the substitution effect and the income effect 82. (a) continuous at all points in the domain but not differentiable at some points in the domain 83. (c) At the optimum, the consumer should consume 50 units of commodity 1 and 50 units of commodity 2 84. (a) the optimum consumption of commodity 1 increases by 1/3 and the optimum consumption of commodity 2 increases by 1/3 85. (d) 0 86. (b) 25 87. (c) x(1) = x(2) 88. (a) 4 89. (b) 2 90. (c) 4 91. (b) 6 (Assuming that the question asks you to determine the tax rate that implements purchase of exactly two cows that we found in Q 89) 92. (a) Rs. 10 93. (b) 0 94. (d) None of the above 95. (a) -4 96. (a) f(x) has a minimum value but no maximum value 97. (b) 2 98. (b) climate change 99. (c) put hurdles in the way of poverty eradication 100.(d) None of the above
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## Re: JNU 2012 Answer Key

 thanks a lot sir:)
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal thanks a ton sir.... M.A Economics Delhi School of Economics 2013-15 Email Id:sumit.sharmagi@gmail.com
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## Re: JNU 2012 Answer Key

 Endless Gratitude. Thank You Sir..
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal Ans to ques no six cant be 3 points.. it has to be (4,4).. I mean if i draw it on a 2-d plane other two points dont make sense.. please check
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## Re: JNU 2012 Answer Key

 Hi Sobre.. :) option(d) says (4,4) or (4,0) or (-2,2) So, if fourth point is any of the above three ,then we'll have a parallelogram :)
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## Re: JNU 2012 Answer Key

 In reply to this post by SOBRE Thanks . Really appreciated !
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal Sir, could you please explain how to solve Q22-26 ?
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal help m out wd 22-26??
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## Re: JNU 2012 Answer Key

 help me out wid question no. 70 to 79
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal sir can u please post 2012 n 2011 sis solutions
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal Sir, what is the probable cut-off marks in JNU Economics entrance exam?
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## Re: JNU 2012 Answer Key

 In reply to this post by Amit Goyal HOw to solve ques 1?
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## Re: JNU 2012 Answer Key

 For 1, use compound interest formula. Let population of country be 100 and it changes to 120 in 20 years. P= 100, t=20 and A=120. Find r for this and compare. “Operator! Give me the number for 911!”
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## Re: JNU 2012 Answer Key

 In reply to this post by Mauli for question 6 i have understood how (-2,2) has come. can someone please help me with the other points
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## Re: JNU 2012 Answer Key

 can someone please explain q 22-26
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## Re: JNU 2012 Answer Key

 Administrator For 22, C + S = C + G gives us S = G. For 23, Let N denotes non worker consumption. And W denotes wages. Given that total value of output, Y = 200L and wages, W = 150L, we get W = (3/4) Y and C = N + (3/4) Y Hence, Y = N + (3/4) Y + G. Thus, the multiplier is 4. For 24, We do the same thing as above except that C = N + 0.8(3/4) Y Thus, the multiplier is 2.5. For 25, We do the same thing as above except that C = N + (3/4) (Y) - G. Hence, Y = N + (3/4) Y - G + G. Thus, the multiplier is 0. For 26, We again do the same thing as above except that C = N + 0.8((3/4) (Y) - G). Hence, Y = N + 0.8((3/4) Y - G) + G i.e. Y = N + 0.6 Y + 0.2 G Thus, the multiplier is 0.5
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## Re: JNU 2012 Answer Key

 In reply to this post by Mauli Can somebody please explain QUES 40! The three trucks one thanks.
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## Re: JNU 2012 Answer Key

 Also please explain the working of QUES 88-92. Thanks