We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search


+ Link For Assignments, GDBs & Online Quizzes Solution


+ Link For Past Papers, Solved MCQs, Short Notes & More

Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.




The Case:

Senegal is located in West Africa and ninety two percent of country’s population is estimated to be Muslims. Overall population of Senegal is 15.41 million in 2016. Major exports are cotton, petroleum products and manufacturing goods while major imports are fuel, foodstuff and tobacco. Suppose other facts and figures of the economy of Senegal for the year 2016 are given below.

Statistics for year 2016

Consumption (C) Rs. 200 million

Investment (I) Rs. 170 million

Government purchases (G) Rs. 70 million

Net Exports (NX) Rs. 20 million

Real interest rate (r) 2.5%

Inflation 4.5%

Number of employed persons 4 million

Number of unemployed persons 3 million


Keeping in view the above facts and figures, in the economy of Senegal,

calculate the following for the year 2016:

a. Labor force

b. Nominal interest rateMACROECONOMICS (ECO403)

c. Gross domestic product

d. National saving

(Marks = 2+2+3+3) (Note: Write down formula and all relevant steps involved in calculation)

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?

See Your Saved Posts Timeline

Views: 656


+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

 idea of gdb

Labor force

Labor force= employed person + unemployed person

=4 Million + 3 Million =7 Million

Nominal interest rate 

i = r + p

=2.5%+ 4.5%


Gross domestic product

Y = C + I + G + NX


=460 Million

National saving

National saving =Y-C-G


220 Million

Assignment ha gdb tu nai

The whole sol is perfect but when we perfect then somewhere we not perfect 


I think national savings:

N= I + NX

N= 170 + 20 million

N= 190 million

I 1st ans is not correct 2nd I thinking It's sol is short because marks of it's sol is 3


Latest Activity

© 2020   Created by +M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service