Which of the following values are ex-ante in nature?
a) India's retail inflation is at level 6.95.
b) IMF estimated India's growth rate to be 8.2% for FY 22.
c) India's exports are expected to reach $400 billion in next fiscal.
Answer & explanation
Correct answer: option 3
The correct answer is option 3: b and c
Ex-ante depicts what has been planned. Ex-ante values are those that are based on forecasts, expectations, or estimates before the actual event occurs. Ex-post depicts what has actually happened.
a) India's retail inflation is at level 6.95. This is an ex-post value, as it indicates a current or past measurement.
b) IMF estimated India's growth rate to be 8.2% for FY 22. This is an ex-ante value, as it is a forecast or estimate for the future.
c) India's exports are expected to reach $400 billion in next fiscal. This is an ex-ante value, as it is an expectation for the future.