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According to the Economic Times (09/2012), Standard & Poor's forecast for India's GDP growth rate ...

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According to the Economic Times (09/2012), Standard & Poor's forecast for India's GDP growth rate ...

According to the Economic Times (09/2012), Standard & Poor's forecast for India's GDP growth rate was cut by 1 percentage point to 5.5 percent as the entire Asia Pacific region feels the pressure of ongoing economic uncertainty. India has averaged 7 percent growth in GDP since 1997. Based on this story, it is most likely that the slowdown reflects a
A) temporary business cycle slowdown.
B) temporary business cycle expansion.
C) change to India's long-term economic growth rate.
D) shrinkage of India's economy.

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Macroeconomics

Edition: 12^th

Author: Parkin

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More solutions for this book are available here

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Yogen Author

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Smart ... Thanks!

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