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Class 12 Mcq

Class 12 Economics के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

EconomicsIf real GDP is ₹1,000 crore and nominal GDP is ₹850 crore, what is the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsIf the GDP deflator is below 100, which statement is generally correct?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsIf nominal GDP rises by 40 percent and the price level rises by 25 percent, what is the exact growth rate of real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Hard EconomicsIf only prices rise by 30 percent in a country while output quantities remain unchanged, what happens to real and nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsWhy is real GDP a better measure of economic growth than nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsIf real GDP rises by 15 percent but nominal GDP rises by only 5 percent, what is the exact change in the price level?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Hard EconomicsAn economy has two goods. Current quantities are 20 and 30, and current prices are ₹50 and ₹40. What is nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsIf an economy's real GDP rises by 6 percent and population rises by 3 percent, what is the exact growth rate of real GDP per capita?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Hard EconomicsIf the GDP deflator falls from 180 to 162, what is the deflator-based inflation rate?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsIf nominal GDP is ₹2100 crore and real GDP is ₹1750 crore, by what percentage is the price level above the base year?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsWhen can real GDP rise while real GDP per capita falls?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsIf nominal GDP falls by 5 percent and real GDP falls by 10 percent, what is the approximate growth rate of the price level?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Hard EconomicsIn an economy, base-year output was 80 units at ₹30. Current-year output is 100 units at ₹36. What is the growth rate of real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsNominal GDP is ₹1500 crore and real GDP is 75 percent of nominal GDP. What is the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsIf two countries have the same nominal GDP but the second country has a lower GDP deflator, which country will have higher real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsIf real GDP rises by 25 percent and the price level falls by 20 percent, what is the exact change in nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Hard EconomicsIf nominal GDP and the GDP deflator both rise by 10 percent, what is the exact growth rate of real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Hard EconomicsIf a good has a current quantity of 40 units and a current price of ₹90, while its base-year price was ₹75, what is its GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsWhat difficulty may arise in measuring real GDP if the base year is very old?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsWhy is real GDP considered an incomplete measure of economic welfare?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium