Question
Asked Dec 10, 2019
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How is the indian economy doing? What is the growth rate of the real GDP? What is the trend in this variable?

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Expert Answer

Step 1

The Indi economy was considered as one of the fastest growing economies of the world along with the Chin economy. The economic growth rate in the Indi economy reached almost double digit growth rate in the last few years which was a magical spell compared to the other developed world countries in the world.

Step 2

The performance of the Indi economy was considered better and desired in those periods. But at present, the growth rate of the Indi economy have fallen from the peak desired level to a medium 5 percent in the June quarter....

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BusinessEconomics

Economic Growth

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