Forums
Explanation for mcqs
Economics
Can u explain the two mcqs in attachment
Answers (6)
CA Suraj Lakhotia Admin
Slow down doesn't mean reversal. Its like pace of growth has come down. Leading indicators mean futuristic. Industrial production is past.
Which phase is slow down means sir what is condition of gdp in that particular phase sir
Thread Starter
Sai Abinav KantetiIt is phase of contraction sir ?
No. Contraction means GDP of 100 coming down to 95 or any number below 100. Slow down is say GDP gros from 100 to 110 in year 1 . in year 2 GDP of 110 grows only to 113 - that is slowdown
Courses
Course Guides
Offerings
CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C