The Global Economy Grow

As per the prediction of annual economic report of United Nations, the global economy will grow by more than ___ in 2015 and 2016:

  1. 3%
  2. 9%
  3. 11%
  4. 1.5%
Monis Rasool Professor Asked on 26th May 2015 in Economics.
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  • 1 Answer(s)
    Best answer

    Option 1 is the right answer.

    The downward revision reflects mainly deterioration in the prospects of the economies in transition and several large developing countries, especially in South America. In 2016, global growth is forecast to improve to 3.1 per cent, which is still well below the pre-crisis pace.

    Harsh Vardhan Professor Answered on 28th May 2015.
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