A. यह केवल मूल्य स्तर बताता है और आय वितरण नहीं/It shows only the price level and not income distribution
Step 1
Concept
The deflator is a price index and not a complete measure of living standards. Income distribution and real per-capita income must be examined separately.
Step 2
Why this answer is correct
The correct answer is A. यह केवल मूल्य स्तर बताता है और आय वितरण नहीं / It shows only the price level and not income distribution. The deflator is a price index and not a complete measure of living standards. Income distribution and real per-capita income must be examined separately.
Step 3
Exam Tip
अपस्फीतिकारक कीमतों का सूचक है न कि जीवन स्तर का पूर्ण मापक। आय वितरण और वास्तविक प्रति व्यक्ति आय अलग से देखनी चाहिए।
A. आर्थिक कल्याण बढ़ा है/Economic welfare has increased
Step 1
Concept
A rising deflator shows only a price increase. It does not prove an improvement in economic welfare.
Step 2
Why this answer is correct
The correct answer is A. आर्थिक कल्याण बढ़ा है / Economic welfare has increased. A rising deflator shows only a price increase. It does not prove an improvement in economic welfare.
Step 3
Exam Tip
बढ़ता अपस्फीतिकारक केवल मूल्य वृद्धि दिखाता है। इससे आर्थिक कल्याण में वृद्धि सिद्ध नहीं होती।
A. क्योंकि वह चालू वर्ष का नया उत्पादन नहीं है/Because it is not new production in the current year
Step 1
Concept
The used good was already counted when originally produced. Its resale is not current production.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि वह चालू वर्ष का नया उत्पादन नहीं है / Because it is not new production in the current year. The used good was already counted when originally produced. Its resale is not current production.
Step 3
Exam Tip
पुरानी वस्तु का उत्पादन पहले ही गिना जा चुका है। पुनर्बिक्री वर्तमान उत्पादन नहीं है।
A. क्योंकि दलाली वर्तमान वर्ष में उत्पादित सेवा है/Because brokerage is a service produced in the current year
Step 1
Concept
Brokerage is a final service provided in the current year. Therefore its value may enter GDP and the deflator.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि दलाली वर्तमान वर्ष में उत्पादित सेवा है / Because brokerage is a service produced in the current year. Brokerage is a final service provided in the current year. Therefore its value may enter GDP and the deflator.
Step 3
Exam Tip
दलाली चालू वर्ष में प्रदान की गई अंतिम सेवा है। इसलिए उसका मूल्य सकल घरेलू उत्पाद और अपस्फीतिकारक में शामिल हो सकता है।
A. सस्ती वस्तुओं का भार बढ़ सकता है/The weight of cheaper goods may increase
Step 1
Concept
The deflator is based on the current composition of output. Goods produced in larger amounts may receive greater weight.
Step 2
Why this answer is correct
The correct answer is A. सस्ती वस्तुओं का भार बढ़ सकता है / The weight of cheaper goods may increase. The deflator is based on the current composition of output. Goods produced in larger amounts may receive greater weight.
Step 3
Exam Tip
अपस्फीतिकारक चालू उत्पादन संरचना पर आधारित है। अधिक उत्पादित वस्तुओं को अधिक भार मिल सकता है।
The deflator \(=\frac{2760}{2400}\times100=115\). Therefore the price level is 15 percent above the base year.
Step 2
Why this answer is correct
The correct answer is B. 15 प्रतिशत / 15 percent. The deflator \(=\frac{2760}{2400}\times100=115\). Therefore the price level is 15 percent above the base year.
Step 3
Exam Tip
अपस्फीतिकारक \(=\frac{2760}{2400}\times100=115\) है। इसलिए मूल्य स्तर आधार वर्ष से 15 प्रतिशत अधिक है।
The deflator \(=\frac{1700}{2000}\times100=85\). Therefore the price level is 15 percent below the base year.
Step 2
Why this answer is correct
The correct answer is B. 15 प्रतिशत / 15 percent. The deflator \(=\frac{1700}{2000}\times100=85\). Therefore the price level is 15 percent below the base year.
Step 3
Exam Tip
अपस्फीतिकारक \(=\frac{1700}{2000}\times100=85\) है। इसलिए मूल्य स्तर आधार वर्ष से 15 प्रतिशत कम है।
Inflation \(=\frac{113.4-108}{108}\times100=5\) percent. Do not treat index points directly as a percentage.
Step 2
Why this answer is correct
The correct answer is B. 5 प्रतिशत / 5 percent. Inflation \(=\frac{113.4-108}{108}\times100=5\) percent. Do not treat index points directly as a percentage.
Step 3
Exam Tip
मुद्रास्फीति \(=\frac{113.4-108}{108}\times100=5\) प्रतिशत है। सूचकांक अंकों को सीधे प्रतिशत न मानें।
The deflator change \(=\frac{0.90}{0.96}-1\approx-6.3\) percent. Take the ratio of nominal and real growth factors.
Step 2
Why this answer is correct
The correct answer is A. लगभग 6.3 प्रतिशत गिरावट / About 6.3 percent fall. The deflator change \(=\frac{0.90}{0.96}-1\approx-6.3\) percent. Take the ratio of nominal and real growth factors.
Step 3
Exam Tip
अपस्फीतिकारक का परिवर्तन \(=\frac{0.90}{0.96}-1\approx-6.3\) प्रतिशत है। नाममात्र और वास्तविक परिवर्तन के गुणकों का अनुपात लें।
