why indian GDP lower and Pakistan GDP is growing in day by day give reason for that ? and who is responsible for that
Answers
Answer:
Gross domestic product (GDP) is one of the most common indicators used to track the health of a nation's economy. The calculation of a country's GDP takes into consideration a number of different factors about that country's economy, including its consumption and investment.
Explanation:
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Answer:
REASON FOR LOW GDP IN INDIA
In the month of august 2019; the Central Statics Office (CSO) revealed that the real GDP growth in Q1 of the current fiscal declined to a six-year low of 5%. It clear that no single factor is responsible for this decline. The vicious circle of poor demand is the major factor behind the whole mess up...
IF GDP IS LOW
The gross domestic product (GDP) is a vital measure of a nation's overall economic activity. It's important to understand the GDP's effect on an economy. ... A GDP that doesn't change very much from year to year indicates an economy in a more or less steady state, while a lowered GDP indicates a shrinking national economy.
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