Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The data table below shows India's economic increase and decrease. Using the data table below 1. Provide a well-detailed explanation of the activities on each

The data table below shows India's economic increase and decrease.

Using the data table below

1. Provide a well-detailed explanation of the activities on each of the variables in the 5 years period represented in the table. That is; discusses the increase and decrease in the different variables number from 1 - 8 in the data table below.

2. Discuss why the variables on the data table are important to the people in India

3. Write extensively about the banking system of India and discuss the relationship between the banking system and the values in the table

image text in transcribed
DATA TABLE AND VISUAL REPRESENTATION VARIABLE / YEAR 2017 2018 2020 5 YEARS S# 2019 2021 AVERAGE 1 Real GDP / Capita (INR - BILLIONS 2.651.47 2.702.93 2.831.55 2.667.69 3.173.40 2 805.41 2 Growth rate of Real GDP / Capita 6.80% 6.45% 3.74% -6.60% 8.95% 3.87% 3 Inflation Rate 3.33% 3.94% 3.73% 6.62% 5.13%% 4.55% 4 Unemployment Rate 5.36% 5.33% 5.27% 8% 5.98% 5.99% 5 Interest Rate 5.33% 5.36% 6.91% 3.36 -0.82% 4.03% 6 Bank Rate 9.58% 9.45% 9.41% 9.16% 8.80% 9.28% 7 73.56 75.99 71.00 Exchange Rate 64.06 70.27 71.13 Comp. USD $ Comp USD $ Comp USD $ Comp. USD S Comp. USD $ Comp USD $ 8 Supply of Money M1 (INR - BILLIONS) 23,872.61 31,734.36 35,790.30 41,497.32 47,665.05 36.111.93

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Economics And Policy

Authors: Thomas H Tietenberg

5th Edition

0321348907, 9780321348906

More Books

Students also viewed these Economics questions

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago