The Database of the World Economic Outlook of the International Monetary Fund provides the following information about India, for 2004, 2005 and 2006.

1. What changes in the supply of long-and short-term and aggregate demand are congurntes with these figures?
2. List the first factors that could have produced the changes in supply and demand aggregated request a described it in the subsection.
3) When an economy grows the production or output increases.
4. With the above data, believes that India has an inflationary gap, a gap was recessive or fullemployment?

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Growth rate of real GDP Inflation 2004 2005 2006 8.3 4.7