{"id":156668,"date":"2023-09-01T13:12:04","date_gmt":"2023-09-01T07:42:04","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=156668"},"modified":"2023-09-01T13:12:06","modified_gmt":"2023-09-01T07:42:06","slug":"fiscal-deficit-was-4-of-the-gdp-in-2015-and-that-increased-to-5-in-2016-if-the-gdp-increased-by-10-from-2015-to-2016-the","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/fiscal-deficit-was-4-of-the-gdp-in-2015-and-that-increased-to-5-in-2016-if-the-gdp-increased-by-10-from-2015-to-2016-the\/","title":{"rendered":"Fiscal deficit was 4% of the GDP in 2015 and that increased to 5% in 2016. If the GDP increased by 10% from 2015 to 2016, the"},"content":{"rendered":"\n<p>Q. Fiscal deficit was 4% of the GDP in 2015 and that increased to 5% in 2016. If the GDP increased by 10% from 2015 to 2016, the percentage increase in the actual fiscal deficit is<\/p>\n\n\n\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (A) 37.50\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (B) 35.70\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (C) 25.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (D) 10.00<\/p>\n\n\n\n<p>Sol: 37.50<\/p>\n\n\n\n<p>Sol:<\/p>\n\n\n\n<p>GDP increased by 10% from 2015 to 2016\u00a0\u21d2\u00a0 <\/p>\n\n\n\n<p>Let GDP in 2015 = X <\/p>\n\n\n\n<p>GDP in 2016 = 1.1 X <\/p>\n\n\n\n<p>Fiscal deficit was 4% of the GDP in 2015 and that increased to 5% in 2016\u00a0\u21d2 <\/p>\n\n\n\n<p>FD in 2015 = 0.04 X <\/p>\n\n\n\n<p>FD in 2016\u00a0= 0.05 (1.1 X) = 0.055 X <\/p>\n\n\n\n<p>Percentage increase in the actual fiscal deficit:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"280\" height=\"35\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2023\/09\/image.png\" alt=\"\" class=\"wp-image-156671\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Q. Fiscal deficit was 4% of the GDP in 2015 and that increased to 5% in 2016. If the GDP increased by 10% from 2015 to 2016, the percentage increase in the actual fiscal deficit is \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (A) 37.50\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (B) 35.70\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (C) 25.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (D) 10.00 Sol: 37.50 Sol: GDP increased by 10% from 2015 to [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":156672,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5141],"tags":[5140],"offerexpiration":[],"class_list":["post-156668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gate","tag-gate-questions"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/156668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=156668"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/156668\/revisions"}],"predecessor-version":[{"id":156673,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/156668\/revisions\/156673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/156672"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=156668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=156668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=156668"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=156668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}