2016 Gross Domestic Product (Constant, 2015) $ Trillion 2.28 Consumer Price Index (Inflation) % 1.6 Unemployment rate % 7.8 Figure 3 A table showing some economic indicators for India for 2016-2017 (WDI, 2023) In the table above, we see several economic indicators for India for 2016-2017 including the inflation rate which is increasing at an increasing rate. Use an aggregate demand (AD) and aggregate supply (AS) graph to show the economic growth between 2016 and 2017. Provide a brief explanation of the change to accompany your graph. 2017 2.43 2.2 7.7
2016 Gross Domestic Product (Constant, 2015) $ Trillion 2.28 Consumer Price Index (Inflation) % 1.6 Unemployment rate % 7.8 Figure 3 A table showing some economic indicators for India for 2016-2017 (WDI, 2023) In the table above, we see several economic indicators for India for 2016-2017 including the inflation rate which is increasing at an increasing rate. Use an aggregate demand (AD) and aggregate supply (AS) graph to show the economic growth between 2016 and 2017. Provide a brief explanation of the change to accompany your graph. 2017 2.43 2.2 7.7
Chapter11: Gross Domestic Product
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