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Economics

GDP Deflator

जीडीपी अपस्फीतिकारक

In Class 12 Economics, under National Income and Related Aggregates, students learn how the GDP Deflator measures the overall change in prices of goods and services produced within an economy. The topic explains its relationship with nominal GDP and real GDP, the role of a base year, and the formula: GDP Deflator = (Nominal GDP ÷ Real GDP) × 100. Students also interpret changes in the index to understand inflation and distinguish price effects from changes in production.

Practice questions

01 If the nominal GDP index is 202.5 and the real GDP index is 150 what is the deflator index?

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02 If the deflator index is 142.5 and the real GDP index is 120 what is the nominal GDP index?

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03 If the nominal GDP index is 189 and the deflator index is 140 what is the real GDP index?

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04 If the deflator rises from 135 to 162 how much higher is the new price level than the old one?

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