Macroeconomics Assignmentindiaquestionsi Brief Description Of Countr ✓ Solved

MACROECONOMICS ASSIGNMENT India Questions: I. Brief description of country in terms of: 1.1 Capital city 1.2 Population data 1.3 Currency II. Describe the status of the economy in terms of: 2.1 GDP 2.2 GDP growth rate 2.3 GDP per capita III. Describe over-all macroeconomic conditions of the country based on: 3.1 Unemployment (current status) 3.2 Inflation (type of inflation the country has) 3.3 Living standards (quality of life) 3.4 Trading partners (top exports and imports) IV. How does the country affect the macroeconomic condition of the region it belongs (refer to the region in the list where the country is part of). NOTES: 1- Cut-paste is not allowed/will get deductions 2- Advance submission for proofreading not allowed 3- Exchange of country assignment not allowed 4- No required number of words nor number of pages

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Macroeconomics Assignment: India

I. Brief Description of the Country:

1.1 Capital City:
New Delhi is the capital city of India, and a vibrant hub of political, cultural, and historical significance. As the seat of the Indian government, it houses important institutions including the President's residence, parliament buildings, and numerous embassies.
1.2 Population Data:
As of the latest estimates in 2023, India's population is approximately 1.43 billion, making it the second most populous country in the world, just after China (World Bank, 2023). This substantial human resource base has significant implications for its economic potential and challenges.
1.3 Currency:
India's currency is the Indian Rupee (INR). It plays a crucial role in India's financial transactions and is a key indicator of macroeconomic stability and growth.

II. Status of the Economy:

2.1 GDP:
India's Gross Domestic Product (GDP) stands at approximately