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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।

EconomicsIn a one-good economy the current price is ₹36 and quantity is 500. What is current-year nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38MediumEconomicsIn a one-good economy the base-year price was ₹30. In the current year the price is ₹36 and quantity is 500. What is current-year real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38MediumEconomicsIf real GDP rises by 15 percent and the GDP deflator falls by 12 percent, then approximately what happens to nominal GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 38HardEconomicsAn economy's nominal GDP rose by 18 percent and real GDP rose by 12 percent. Select the closest exact increase in the price level.Class 12National Income and Related AggregatesAggregates related to national income - Market price and factor costLevel 38HardEconomicsIf real GDP is ₹1,440 crore and nominal GDP is ₹1,584 crore, then what is the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 38HardEconomicsIf nominal GDP is ₹1,350 crore and the GDP deflator is 108, then what is real GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 38HardEconomicsWhich two measures are most suitable together for separately understanding long-term trends in real output and the price level?Class 12National Income and Related AggregatesGDP DeflatorLevel 38MediumEconomicsIf an economy's real GDP rises by 4 percent and population rises by 6 percent, what is the approximate exact change in real GDP per capita?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38HardEconomicsIf all current-year prices are double the base-year prices but output quantities are halved, what happens to nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38HardEconomicsIf real GDP falls by 8 percent and the price level rises by 15 percent, what is the exact change in nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38HardEconomicsWhich difference between the GDP deflator and the consumer price index is correct?Class 12National Income and Related AggregatesGDP DeflatorLevel 38MediumEconomicsIf two countries have equal real GDP but the first country has a higher GDP deflator, which country will generally have higher nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38MediumEconomicsIf output quantity rises by 20 percent and prices fall by 20 percent, what happens to real and nominal GDP respectively?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38HardEconomicsIf an economy's GDP deflator is 200, what is the ratio of nominal GDP to real GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 38MediumEconomicsIn one year nominal GDP is ₹1100 crore and the deflator is 125. Next year nominal GDP is ₹1210 crore and the deflator remains 125. By what percentage did real GDP rise?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38MediumEconomicsWhy may an old base year distort real GDP when new goods become very important in the economy?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38HardEconomicsIf nominal GDP falls by 10 percent and real GDP rises by 5 percent, what is the approximate exact rate of change in the price level?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38HardEconomicsIf a country's real GDP is ₹900 crore and real GDP per capita is ₹300, what is the population?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38MediumEconomicsIn the base year output was 50 units at ₹40. In the current year output is 60 units at ₹50. What is the growth rate of real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38MediumEconomicsIf the GDP deflator is 110 in one year and 132 in the next, what is the percentage rise in the price level?Class 12National Income and Related AggregatesGDP DeflatorLevel 38Medium

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