Question: 1.Explain the terms GDP, GDP-P and PPP. Bring in a correlation between the three through an example. How do you think countries like India and

1.Explain the terms GDP, GDP-P and PPP. Bring in a correlation between the three through an example.

  • How do you think countries like India and China can get to improve their GDP-P.
  • What do you think China is doing in this direction?
  • Should India follow the China model ?

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