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Potential GDP

UPSC Mains Solved Papers

Define Potential GDP and explain its determinants. What are the factors that have been inhibiting India from realizing its potential GDP? (150 Words, 10 Marks)

by Edukemy Team May 22, 2023

by Edukemy Team May 22, 2023 0 comments

Potential GDP, or Gross Domestic Product, refers to the maximum sustainable level of output that an economy can produce in the long run when all of its resources are fully …

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