The deflator measures prices so a quantity change alone does not affect it. Nominal and real GDP rise in the same proportion.
Step 2
Why this answer is correct
The correct answer is C. अपरिवर्तित रहेगा / It will remain unchanged. The deflator measures prices so a quantity change alone does not affect it. Nominal and real GDP rise in the same proportion.
Step 3
Exam Tip
अपस्फीतिकारक कीमतों को मापता है इसलिए केवल मात्रा परिवर्तन इसे प्रभावित नहीं करता। नाममात्र और वास्तविक सकल घरेलू उत्पाद समान अनुपात से बढ़ेंगे।
A. लगभग 9.1 प्रतिशत घटेगा/It will fall by about 9.1 percent
Step 1
Concept
The deflator factor is \(=\frac{1}{1.10}\approx0.909\). Therefore it falls by about 9.1 percent.
Step 2
Why this answer is correct
The correct answer is A. लगभग 9.1 प्रतिशत घटेगा / It will fall by about 9.1 percent. The deflator factor is \(=\frac{1}{1.10}\approx0.909\). Therefore it falls by about 9.1 percent.
Step 3
Exam Tip
अपस्फीतिकारक का गुणक \(=\frac{1}{1.10}\approx0.909\) है। इसलिए लगभग 9.1 प्रतिशत गिरावट होगी।
With real output unchanged the nominal decline entirely reflects a lower price level. Therefore the deflator falls by 9 percent.
Step 2
Why this answer is correct
The correct answer is B. 9 प्रतिशत घटेगा / It will fall by 9 percent. With real output unchanged the nominal decline entirely reflects a lower price level. Therefore the deflator falls by 9 percent.
Step 3
Exam Tip
वास्तविक उत्पादन स्थिर होने पर नाममात्र गिरावट पूरी तरह मूल्य स्तर की गिरावट दर्शाती है। इसलिए अपस्फीतिकारक 9 प्रतिशत घटेगा।
A change from 100 to 121 represents a 21 percent increase. This is the total price rise over two years.
Step 2
Why this answer is correct
The correct answer is C. 21 प्रतिशत / 21 percent. A change from 100 to 121 represents a 21 percent increase. This is the total price rise over two years.
Step 3
Exam Tip
100 से 121 का परिवर्तन 21 प्रतिशत वृद्धि दर्शाता है। यह दो वर्षों की कुल मूल्य वृद्धि है।
The total factor is \(1.10\times0.90=0.99\) so there is a 1 percent fall. Equal percentage rises and falls do not fully cancel.
Step 2
Why this answer is correct
The correct answer is B. 1 प्रतिशत गिरावट / 1 percent fall. The total factor is \(1.10\times0.90=0.99\) so there is a 1 percent fall. Equal percentage rises and falls do not fully cancel.
Step 3
Exam Tip
कुल गुणक \(=1.10\times0.90=0.99\) है इसलिए 1 प्रतिशत गिरावट होगी। समान प्रतिशत वृद्धि और गिरावट पूर्णतः समाप्त नहीं होती।
A. उत्पादन लागत के आधार पर/On the basis of production cost
Step 1
Concept
Non-market government services have no direct market price so they are valued at cost. This is a common GDP measurement method.
Step 2
Why this answer is correct
The correct answer is A. उत्पादन लागत के आधार पर / On the basis of production cost. Non-market government services have no direct market price so they are valued at cost. This is a common GDP measurement method.
Step 3
Exam Tip
गैर-बाजार सरकारी सेवाओं का प्रत्यक्ष बाजार मूल्य नहीं होता इसलिए उन्हें लागत से आँका जाता है। यह सकल घरेलू उत्पाद मापन की सामान्य विधि है।