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Hi Viv..
In Q. 91, If I am not wrong, we need to determine the tax rate that implements purchase of exactly two cows.
And according to you, when n=2, new TRTC = 142t.
By putting different values of 't' from the options, I found that option (c) i.e t=0 maximizes the aggregate income, and not t=6.
Please help. I'm stuck :(


someone, plz tell the approach to 7679


76
Growth of Real GDP
197580, 2117/17= 0.2352
198085, 2621/21= 0.2380
198590, 3226/26= 0.2307
199095,3932/32= 0.2187
So Highest is in 198085.
77
Lowest is in 199095 refer last calculations
78
First solve Growth of Nominal GDP
197580, 2621/21= 0.2380
198085, 3226/26= 0.2307
198590, 3932/32= 0.2187
199095, 4739/39= 0.2051
GDP Deflator = (Nominal GDP/Real GDP)*100
197580, (0.2380/0.2352)*100 = 101.19
198085, (0.2307/0.2380)*100 = 96.93
198590, (0.2187/0.2307)*100 = 94.79
199095, (0.2051/0.2187)*100 = 93.78
So in 3 periods economy experienced Deflation
79
In 1 period economy experienced Inflation
If possible then plz explain Q44 and Q45


i approached q4445 this way
we are given that both the statements of person in hockey team are true, in soccer team are false & in cricket team one true & another false.
first consider B; assume B is in the soccer team(means both of his statements are false). From this we know 1) B is actually in the soccer team, & 2) D is not in the cricket team.( D must be in the hockey team)
so, 44) b now consider each of the options for 45). If A is in the cricket team, then one of his statement is true & other is false. This implies, his first statement is right & 2nd one is wrong(which we already have proved in 44)
thus, A belongs to the cricket team. So 45) a


Thanks Bhavya


can someone please explain Q33 and 34?


Can someone please explain Q39,41,96


Sir, for the 23rd question, how did you get Y=200L?


Some one please help how to solve 12 and 13??


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Q11 ...use var(y)=e(y2)e((y))^2


q80...these are quasi linear pref..income effect is 0 for such oref and subs effect is alwayd negative...so d


someone pls explain Q. 96..


Sir, regarding q23 and 24, I understand why the government spending multiplier (dy/dg) = 4. But how do we know 4 is also the balanced budget multiplier ?


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@Renu..
just add 2c+3c+.4+.1
and their sum is 1...as sum of prob is 1
so c is .1


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Ya you can do as it is..var is not reqd... :)


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