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.
Chapter1: Making Economics Decisions
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![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)
Saving
Investment
Consumption
Current Account Balance
Exports
Imports
WPI
Consumer Price Index – Industrial Worker (CPI - IW)
Source: Economic Survey 2010 – 11, Government of India
7,157,412
32% of GDP
35% of GDP
62% of GDP
-2.7% of GDP
15% of GDP
23% of GDP
9.6%
10.4%
Interpret the numbers and then explain the macroeconomic scenario of the Indian
economy for the fiscal year 2010 – 11.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F98d10fe8-67cb-4295-a462-733844ecdd08%2Fcbe3d7e2-82c6-4a7a-9dc1-b8d205b08555%2Fwxwihr_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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)
Saving
Investment
Consumption
Current Account Balance
Exports
Imports
WPI
Consumer Price Index – Industrial Worker (CPI - IW)
Source: Economic Survey 2010 – 11, Government of India
7,157,412
32% of GDP
35% of GDP
62% of GDP
-2.7% of GDP
15% of GDP
23% of GDP
9.6%
10.4%
Interpret the numbers and then explain the macroeconomic scenario of the Indian
economy for the fiscal year 2010 – 11.
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