Question

Statement A: GDP was expected to be 100 crores in a year.

Statement B: The actual GDP turns out to be 60 crores only.

Identify the right option.

• A. Statement A: Ex Ante Statement B: Ex Post
• B. Statement A: Ex Post Statement B: Ex Ante
• C. Statement A: Ex Post Statement B: Ex Post
• D. Statement A: Ex Ante Statement B: Ex Ante

Answer 1

The correct option is A

Statement A: Ex Ante

Statement B: Ex Post

What you had planned or what ‘could be’ is called ex-ante, while what actually is, is called ex-post. Here, Statement A refers to what was expected in that year and Statement B states what is actual. Therefore, option A is right.