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ECO403 Assignment No 1 Solution Spring 2020

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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment No 1 Spring 2020</span></h3>
<span style="font-family: Verdana, sans-serif;">Dear Students, Here you can read or download <b>ECO403</b> - <u>Macroeconomics</u> <b>Assignment 1 Solution</b> of Semester <b>Spring 2020</b>. <b>ECO403 Assignment 1 Solution 2020</b> File and Sample Preview have also been added below. Previously we shared <a href="https://virtualstudysolutions.blogspot.com/2020/06/phy101-assignment-no-1-solution-spring.html">PHY101 assignment No 1 Solution Spring 2020</a>.</span></div>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment 1 Solution Spring 2020</span></h3>
<span style="font-family: Verdana, sans-serif;">You can see the Sample Preview of <u>ECO403 Assignment 1 Solution 2020</u> provided by (<i>Virtual Study Solutions</i>) below. Click on Download Button to Download Solution File in Your PC. Please Share it with your friends. You can also like our Facebook Page or Subscribe Us on YouTube for Latest Updates related to Assignment Solution and Past Papers.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>We also recommend you to read:</b><br /><br /><a href="https://virtualstudysolutions.blogspot.com/2020/06/psy401-assignment-1-solution-spring-2020.html">PSY401 Assignment 1 Solution Spring 2020</a><br /><br /><a href="https://virtualstudysolutions.blogspot.com/2020/06/mcm301-assignment-1-solution-spring-2020.html">MCM301 Assignment 1 Solution Spring 2020</a><br /><br /><a href="https://virtualstudysolutions.blogspot.com/2020/06/pak301-assignment-no-1-solution-spring.html">PAK301 Assignment No 1 Solution Spring 2020</a><br /><br /><a href="https://virtualstudysolutions.blogspot.com/2020/06/bt201-assignment-no-1-solution-spring.html">BT201 Assignment No 1 Solution Spring 2020</a></span><div class="post-table">
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<span style="font-family: "verdana" , sans-serif;"><b>Recommended: </b></span><span style="font-family: "verdana" , sans-serif;"><a href="https://virtualstudysolutions.blogspot.com/2017/11/how-to-avoid-plagiarism-or-zero-marks.html">How to avoid Plagiarism or Zero Marks in Assignments</a></span></div>
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ECO403 Assignment No 1 Solution Spring 2020

ECO403 Assignment No 1 Spring 2020 Dear Students, Here you can read or download ECO403 - Macroeconomics Assignment 1 Solution of Seme...

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ECO403 Assignment No 1 Solution Spring 2018

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<span style="font-family: "verdana" , sans-serif;">Dear Students, Here you can read or Download </span><b style="font-family: Verdana, sans-serif;">ECO403</b><span style="font-family: "verdana" , sans-serif;"> - </span><u style="font-family: Verdana, sans-serif;">Macroeconomics</u> <b style="font-family: Verdana, sans-serif;">Assignment No 1 Solution idea</b><span style="font-family: "verdana" , sans-serif;"> and Discussion of Semester </span><b style="font-family: Verdana, sans-serif;">Spring 2018</b><span style="font-family: "verdana" , sans-serif;">. Assignment Due Date is 15 MAY, 2018. Total Marks are 10. We are here to facilitate your learning and we do not appreciate the idea of copying or replicating solutions. </span><b style="font-family: Verdana, sans-serif;">ECO403 Assignment Solution File</b><span style="font-family: "verdana" , sans-serif;"> will be added Soon. Previously we shared <a href="https://virtualstudysolutions.blogspot.com/2017/03/eco403-solved-quiz-and-short-notes-mid-term.html">ECO403 Solved Quiz and Short Notes for Mid Term</a>.</span><br />
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<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: "verdana" , sans-serif;">ECO403 Assignment No 1 Solution and Discussion Spring 2018</span></td></tr>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Deadline: </span></h4>
<ul style="font-family: Verdana, sans-serif; text-align: left;">
<li>Make sure to upload the solution file before the due date (15 MAY, 2018) on VULMS. </li>
<li>Any submission made via email after the due date will not be accepted. </li>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Formatting Guidelines: </span></h4>
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<li><span style="font-family: "verdana" , sans-serif;">Use the font style “Times New Roman” or “Arial” and font size “12”. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">It is advised to compose your document in MS-Word format. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">You may also compose your assignment in Open Office format. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">Use black and blue font colors only. </span></li>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Rules of Marking: </span></h4>
<span style="font-family: "verdana" , sans-serif;">Please note that your assignment will not be marked, if: </span><br />
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<li><span style="font-family: "verdana" , sans-serif;">It is submitted after the due date. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">The file you uploaded does not open or is corrupt. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">It is cheated or copied from other students, internet, books, journals etc.</span></li>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Question:</span></h3>
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<span style="font-family: "verdana" , sans-serif;"><b><span style="font-size: large;">The Case:</span></b><br />Angola is located in southern Africa. It is the 7th  largest country in Africa. The total population in Angola was estimated at 27.5 million people in 2016. Major  exports  are  crude  oil,  petroleum  products,  wood,  fish  products, coffee and cotton while major imports are food, textile products and consumer  products.  Suppose  economy  of  Angola  produced  only  fish, petrol and milk for the year 2016 and 2017. Facts and figures and macroeconomic indicators of the economy of Angola for the year 2016 and 2017 are given in Table-01 and Table-02.</span><br />
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<span style="font-family: "verdana" , sans-serif;"><b>Table - 01:</b></span><br />
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<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; mso-padding-alt: 0in 0in 0in 0in; mso-yfti-tbllook: 480; width: 100%px;">
 <tbody>
<tr style="height: 16.6pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td rowspan="2" style="border-right: none; border: solid black 1.0pt; height: 16.6pt; mso-border-bottom-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal">
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</td>
  <td colspan="2" style="border: solid black 1.0pt; height: 16.6pt; mso-border-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 37.38%;" valign="top" width="37%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 56.15pt; margin-right: 56.25pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2016</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td colspan="2" style="border-left: none; border: solid black 1.0pt; height: 16.6pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 37.44%;" valign="top" width="37%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 56.3pt; margin-right: 56.35pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2017</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
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 </tr>
<tr style="height: 16.55pt; mso-height-rule: exactly; mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Price<span style="letter-spacing: -.3pt;"> </span>(Rs)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Quantity</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.2pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Price<span style="letter-spacing: -.3pt;"> </span>(Rs)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.25pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Quantity</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 2;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Fish (Kg)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">10</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">1000</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">11</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">1500</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
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 </tr>
<tr style="height: 14.3pt; mso-height-rule: exactly; mso-yfti-irow: 3;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Petrol<span style="letter-spacing: .05pt;"> </span>(Liter)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
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  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">20</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
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  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">2000</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
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  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">20</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
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  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">2500</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 4; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Milk<span style="letter-spacing: .05pt;"> </span>(Liter)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">5</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">10000</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">6</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">11000</span></b></div>
</td></tr>
</tbody></table>
</div>
<span style="font-family: "verdana" , sans-serif;"><br /></span><b style="font-family: verdana, sans-serif;">Table - 02:</b></div>
<div>
<b style="font-family: verdana, sans-serif;"><br /></b></div>
<div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; mso-padding-alt: 0in 0in 0in 0in; mso-yfti-tbllook: 480; width: 100%px;">
 <tbody>
<tr style="height: 16.55pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td style="border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal">
<br /></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 30.2pt; margin-right: 30.3pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2016</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 35.1pt; margin-right: 35.3pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2017</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Real<span style="letter-spacing: .05pt;"> </span>interest<span style="letter-spacing: .05pt;"> </span>rate</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div align="center" class="MsoNormal" style="line-height: 13.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 37.3pt; margin-right: 37.2pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt; letter-spacing: 0.1pt;">3</span></b><b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">%</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div align="center" class="MsoNormal" style="line-height: 13.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 37.25pt; margin-right: 37.15pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">3.<span style="letter-spacing: .1pt;">5</span>%</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.3pt; mso-height-rule: exactly; mso-yfti-irow: 2;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Emplo<span style="letter-spacing: -.05pt;">y</span>ed</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 20.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">11<span style="letter-spacing: .05pt;"> </span>million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 25.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">17<span style="letter-spacing: .05pt;"> </span>million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Unempl<span style="letter-spacing: .05pt;">o</span>yed</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 23.45pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">5 million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 28.35pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">2 million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
</tbody></table>
</div>
<div>
<br /></div>
<div>
<span style="font-family: "verdana" , sans-serif;"><b><span style="font-size: large;">Requirements: </span></b><br /><br />Keeping in view the above facts and figures, in the economy of Angola, Calculate; </span><br />
<ol style="text-align: left;"><span style="font-family: "verdana" , sans-serif;">
<li>Nominal GDP for the year 2017 </li>
<li>Real GDP for the year 2017 using 2016 as a base year </li>
<li>GDP deflator for the year 2017 </li>
<li>Labor force for the year 2017 </li>
<li>Unemployment rate for the year 2017 </li>
</span></ol>
<span style="font-family: "verdana" , sans-serif;">
Please Note: Write down formula and all relevant steps involved in calculation.  (Marks =2+2+2+2+2)</span></div>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment No 1 Solution Spring 2018</span></h3>
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<li><a href="https://virtualstudysolutions.blogspot.com/2018/05/cs304-assignment-no-1-solution-spring-2018.html">CS304 Assignment No 1 Solution Spring 2018</a></li>
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ECO403 Assignment No 1 Solution Spring 2018

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ECO403 Assignment No 1 Solution fall 2017

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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment No 1 fall 2017</span></h3>
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<span style="font-family: "verdana" , sans-serif;">Dear Students, <b>ECO403 </b></span><span style="font-family: "verdana" , sans-serif;"><b>Assignment Solution</b> has been added. Here you can read or <u>Download ECO403</u> - Macroeconomics <u>Assignment No 1 Solution </u>and Discussion of Semester <b>Fall 2017</b>. Assignment Due Date is 22 November, 2017. Total Marks are 10. We are here to facilitate your learning and we do not appreciate the idea of copying or replicating solutions. Previously</span><span style="font-family: "verdana" , sans-serif;"> we shared <a href="http://virtualstudysolutions.blogspot.com/2017/03/eco403-solved-quiz-and-short-notes-mid-term.html">ECO403 Solved Quiz and Short Notes for Mid Term</a>.</span></div>
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<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment No 1</span></h3>
<span style="font-family: "verdana" , sans-serif;"><b>The Case:</b><br />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.<br /><br /><b>Statistics for year 2016</b><br /><br />Consumption (C) Rs. 200 million<br /><br />Investment (I) Rs. 170 million<br /><br />Government purchases (G) Rs. 70 million<br /><br />Net Exports (NX) Rs. 20 million<br /><br />Real interest rate (r) 2.5%<br /><br />Inflation 4.5%<br /><br />Number of employed persons 4 million<br /><br />Number of unemployed persons 3 million</span><br />
<h3 style="text-align: left;">
<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Requirements:</span></h3>
<span style="font-family: "verdana" , sans-serif;">Keeping in view the above facts and figures, in the economy of Senegal,<br /><br />calculate the following for the year 2016:<br /><br />a. <b>Labor force</b><br /><br />b. <b>Nominal interest rate MACROECONOMICS (ECO403)</b><br /><br />c. <b>Gross domestic product</b><br /><br />d. <b>National saving</b><br /><br />(Marks = 2+2+3+3)</span><br />
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<span style="font-family: "verdana" , sans-serif;">(Note: Write down formula and all relevant steps involved in calculation)</span></div>
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<span style="font-family: "verdana" , sans-serif;"><b>Recommended :</b> <a href="http://virtualstudysolutions.blogspot.com/2017/06/all-eco-subjects-mid-term-past-papers.html">All ECO Subjects Mid Term Past Papers Collection</a></span><br />
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ECO403 Assignment No 1 Solution fall 2017

ECO403 Assignment No 1 fall 2017 Dear Students, ECO403 Assignment Solution has been added. Here you can read or Download ECO403 - Macr...

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ECO403 Solved Quiz and Short Notes for Mid Term

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<span style="font-family: Verdana, sans-serif;">ECO403 Short Notes and Solved Quiz</span></h3>
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<span style="font-family: Verdana, sans-serif;">Here we have </span><span style="font-family: Verdana, sans-serif;"><b>ECO403 </b></span><span style="font-family: Verdana, sans-serif;">complete </span><span style="font-family: Verdana, sans-serif;"><b>Solved Quiz </b>and<b> Short Notes</b> for <b>Mid Term</b> exam. </span><span style="font-family: Verdana, sans-serif;">You Can Also Download ECO403 <a href="http://virtualstudysolutions.blogspot.com/p/midterm-past-papers-solved-by-moazz-for.html">Mid Term Papers</a>, ECO403 </span><span style="font-family: Verdana, sans-serif;">Short Notes, </span><span style="font-family: Verdana, sans-serif;">ECO403 </span><span style="font-family: Verdana, sans-serif;">Assignment Solutions, Lecture Wise Questions Answers Files, </span><span style="font-family: Verdana, sans-serif;">ECO403 </span><span style="font-family: Verdana, sans-serif;">Solved MCQs, </span><span style="font-family: Verdana, sans-serif;">ECO403 </span><span style="font-family: Verdana, sans-serif;">Solved Quiz , </span><span style="font-family: Verdana, sans-serif;">ECO403 </span><span style="font-family: Verdana, sans-serif;">Solved Mid Term Subjective Papers ,</span><span style="font-family: Verdana, sans-serif;">ECO403 </span><span style="font-family: Verdana, sans-serif;"> Solved Mid Term Objective Papers from Virtual Study Solutions For Preparation of Mid Term Papers.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Also Read:</b> <a href="http://virtualstudysolutions.blogspot.com/2017/03/mgt501-current-and-past-mid-term-papers.html">MGT501 Current And Past Mid Term Papers</a><b><div>
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<span style="font-family: Verdana, sans-serif;">ECO403 Short Notes</span></h3>
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Actual budget:</b><br />The amount spent by the Federal government (to purchase goods and services and for transfer payments) less the amount of tax revenues collected by it in any fiscal year; and which can not reliably used to determine whether it is pursuing an expansionary or fiscal policy.<br /></span><div>
<span style="font-family: Verdana, sans-serif;"><b>Actual deficit :</b></span></div>
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<span style="font-family: Verdana, sans-serif;">The size of federal government’s budget deficit actually measured or recorded in any given year.<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Actual investment :</b><br />The amount which business firms do invest: equal to planned investment plus unplanned investment.<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Actual reserves :</b><br />The funds which a member bank has on deposit at the Federal Reserve Bank of its district.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Also Read: </b><a href="http://virtualstudysolutions.blogspot.com/2015/01/isl-201-mid-term-solved-papers.html">ISL 201 Mid term SOlved Papers</a></span><div>
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<span style="font-family: Verdana, sans-serif;"><b>Adaptive expectation theory :</b><br />The idea that people determine their expectations about future events (e.g. inflation) on the basis of<br />past and present events (rates of inflation) and only change their expectations as events unfolds.<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Aggregate demand :</b><br />A schedule or curve which shows the total quantity of goods and services demanded (purchased) at<br />different price levels.<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Aggregate supply :</b><br />A schedule or curve showing the total quantity of goods and services supplied (produced) at different<br />price level.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Also Read:</b> <a href="http://virtualstudysolutions.blogspot.com/2015/01/cs-201-all-past-solved-midterm-papers.html">CS 201 all past solved midterm papers 201</a><a href="http://virtualstudysolutions.blogspot.com/2015/01/cs-201-all-past-solved-midterm-papers.html">5</a></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Anticipated inflation :</b><br />Inflation at a rate equal to the rate expected in that period of time<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Asset demand for money :</b><br />The amount of money people want to hold as a store of value (the amount of their financial assets<br />they wish to have in the form of money); and which varies inversely with the rate of interest.<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Average propensity to consume :</b><br />Fraction of disposable income which households spend for consumer goods and services;<br />consumption divided by disposable income.<br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Average propensity to save :</b><br />Fraction of disposable income which household save; saving divided by disposable income.</span></div>
<span style="font-family: Verdana, sans-serif;"><br /><b>Also Read: </b><a href="http://virtualstudysolutions.blogspot.com/2013/06/cs101-mid-term-16-solved-papers-quizzes.html">CS101 Mid term 16 SOlved Papers + Quizzes + Solved Subjectives + HTML TAGS</a></span><div>
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ECO403 Solved Quiz and Short Notes for Mid Term

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