What effect does repo and reverse repo rate will have on your GDP?
if gdp increases, it will increases prices and the repo rate has to be decreased in order to
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
Sectors related to GDP: Agriculture Growth Rate-GDP Industry Growth Rate- GDP Infrastructure Sector Growth Rate- GDP Services Sector Growth Rate- GDP Business Expectations Index Surveys on India GDP India GDP and Standard of Living Limitations of GDP per Capita in Measuring Growth GDP India vs. GDP China India GDP Forecast 2008 World Bank India GDP By Anaya, The Cheesy Animation
This is a question of the crowding effect of government spending. When the government increases purchases, it will increase the GDP by a multiplier effect, i.e., the change in GDP is the change in G times 1/(1-MPC). In an IS-LM model, the increased GDP will raise the interest rate and discourage the private investment. Such a "crowding out" effect will reduce the GDP increase. On the other hand, the increased interest rate will raise the…