1) India's Economic Survey - a document published by the Ministry of Finance, Government of India – provide following information for the Indian Economy for the fiscal year 2010 – 11. GDP at Factor Cost (Current Price in Rs. Crore) 7,157,412 Saving 32% of GDP 35% of GDP 62% of GDP -2.7% of GDP 15% of GDP 23% of GDP Investment Consumption Current Account Balance Exports Imports WPI 9.6% Consumer Price Index – Industrial Worker (CPI – IW) 10.4% Source: Economic Survey 2010 – 11, Government of India Interpret the numbers and then explain the macroeconomic scenario of the Indian economy for the fiscal year 2010 – 11.
1) India's Economic Survey - a document published by the Ministry of Finance, Government of India – provide following information for the Indian Economy for the fiscal year 2010 – 11. GDP at Factor Cost (Current Price in Rs. Crore) 7,157,412 Saving 32% of GDP 35% of GDP 62% of GDP -2.7% of GDP 15% of GDP 23% of GDP Investment Consumption Current Account Balance Exports Imports WPI 9.6% Consumer Price Index – Industrial Worker (CPI – IW) 10.4% Source: Economic Survey 2010 – 11, Government of India Interpret the numbers and then explain the macroeconomic scenario of the Indian economy for the fiscal year 2010 – 11.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 6SCQ: The Consumer Price Index is subject to the substitution bias and me quality/new goods bias. Are the...
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