Question
According to the Goldman Sachs Group Inc. the Gross
domestic product may expand by ___% in calendar year 2023 from an estimated 6.9%.Solution
Goldman Sachs Group Inc. lowered its forecast for India’s economic growth next year, due to a hit to consumer demand from higher borrowing costs and fading benefits from pandemic reopening. Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year.
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