Navigation

    Cyberian
    • Register
    • Login
    • Search
    • Categories
    • Recent
    • Tags
    • Popular
    • Pro Blog
    • Users
    • Groups
    • Unsolved
    • Solved
    1. Home
    2. Tags
    3. eco403
    Log in to post
    • All categories
    • zaasmi

      SOLVED ECO403 Assignmnet 1 Solution and Discussion
      ECO403 - Macroeconomics • eco403 assignment 1 solution discussion spring 2020 • • zaasmi

      4
      0
      Votes
      4
      Posts
      44
      Views

      zaasmi

      @zaasmi said in ECO403 Assignmnet 1 Solution and Discussion:

      Requirement # 3:
      Suppose the economy of Bangladesh produces only two goods; Wheat and apples. Price and quantity of wheat and apples has been given in table no.3 for the years 2013 and 2014. Calculate the following by using given information.
      a. Nominal GDP for the year 2014
      b. Real GDP for year 2014 by taking 2013 as base year
      Table no.3:

      (Marking scheme: 2 + 2)

      Nominal GDP
      Price x Quantity + …
      =10 x 200 +15 x 110
      =3650

      Real GDP
      Base Price x Quantity + …
      =7 x 200 +11 x 110
      =2610

    • zareen

      ECO403 GDB 1 Solution and Discussion
      ECO403 - Macroeconomics • eco403 gdb 1 solution discussion fall 2019 • • zareen

      4
      0
      Votes
      4
      Posts
      151
      Views

      zareen

      Full report of SBP attached