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ECO403 - Macroeconomics Assignment No. 01 Solution and Discussion Fall 2013 Due Date 30-11-2013

The Case:
Suppose an Asian team of economists visit North Africa to analyze the economic
behavior of the people of North Africa during 1990s. After identifying the targets,
economists select Sudan one of the countries of North Africa. In 1991 and 1992,
the labor force was 700000 and 900000 respectively. Furthermore, they are unable
to get complete data. The data was in the shape of graph and incomplete tables
as follows:

Y-axis= Nominal GDP

In addition incomplete data is creating the crippled situation for the team. So,
economists compile a few questions. Being a student of economics, how can you
solve these given questions?
Requirements:
Using the above data, calculate:
a. National saving for the year 1991 and 1992
b. Nominal interest rate for the year 1990
c. GDP deflator for the year 1990
d. Unemployment rate for the year 1991
Note: Write down formula and all relevant steps involved in calculations. The
values of Nominal GDP and inflation rate should be taken from the relevant
graphs.
Marks: (8+4+4+4)
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Replies to This Discussion

sorry students galti se 1300 likh dia tha

4% ka simple koi mtlb ni 4% totak savings pe lagta ha us k bd calculate hota ha 

Real interest rate =4%

Total savings for the year 1990 =700+500

=1200

 =4/100*1200=48

                     

i=48+6=54

nominal interest rate =54




first you calculate nominal rate and then add inflation rate of 1990 which is 6 why?

look in the second graph  for inflation rate 

benam hazur ap  phle nam to thek kre me chinese

parishey aap ny yeh kiya ker dia

inflation rate 6 hai

is main saving ka kiyaa kaam

mr wafa gazal interest rate find out krna ha

real uno ne 4% dia va ha

jo k 1990 ki total saving pe lgta ha

 i'm not MR

N  real interst rate diye hua hai or inflation rate b fir saving ko ku calculate karain 

is it necessary

hahahahahaah mr to dp grl ki lga o na

parishey total saving 1200 ha 1300 ni, check it again

=4+6=10

why you are confusing others with 10 and 54?

Yes you r right!

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