India to be $5.6 trillion economy by 2020

[jetti]

The only possibility is that the use will depreciate enough so that the GDP is 5.6 T.

 

[Lankan Ranger]

US Trying to Destabilize India


http://www.defence.pk/forums/india-defence/125433-us-trying-destabilize-india.html

 

[ChineseLuver]

Indians! pls. spare us the "would and will"

 

[t_for_talli]

On a sidenote though, an assumption of an average GDP growth of 13.9% for the next 9 years is a very skeptical one to be honest, considering the fact that the GDP growth rate for India this year is at 7.8%; considering India's GDP growth rate % has never touched the double digit figure from what I can remember, & was 8.3% for the last quarter of last year.

8% is inflation adjusted growth rate
so GDP growth = 8% + inflation(6-7)

1.75*(1+8/100+6/100)^9====5.62

 

[jdme]

I suggest you read my posts after that, it didn't occur to me it was compound interest, stupid on my part. I am more than aware of economics, of inflation, real GDP, GDP (PPP), GDP nominal, & my posts in this thread actually prove that.

Where in real life you have seen the example of simple interest being applied?