Problem
A. Carefully explain the reasons behind the growth or decline of each of the variables in the 4 years period below for India.
B. Explain why these numbers are important to the people of India.
|
Variables /year INDIA
|
2018
|
2019
|
2020
|
2021
|
Average per year
|
|
Real GDP per capital
|
$2104.70
|
$2206.60
|
$2308.50
|
$2410.40
|
$2257.55
|
|
GDP per capital growth rate
|
7.1%
|
6.8%
|
6.5%
|
6.2%
|
6.65%
|
|
Inflation rate
|
4.58%
|
3.38%
|
6.73%
|
5.28
|
5.00%
|
|
Unemployment rate
|
6.1%
|
5.8%
|
4.5%
|
3.9%
|
5.725%
|