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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 the GDP deflator is 135, what is the correct interpretation?Class 12National Income and Related AggregatesGDP DeflatorLevel 38Medium EconomicsIf nominal GDP and real GDP are equal in a year, what will be the GDP deflator for that year?Class 12National Income and Related AggregatesGDP DeflatorLevel 38Easy EconomicsIf nominal GDP rises by 15 percent and the price level rises by 10 percent, what is the approximate exact growth rate of real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsIn an economy, output quantity rises by 8 percent and average prices rise by 12 percent. What is the exact rise in nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsIf real GDP is ₹750 crore and nominal GDP is ₹900 crore, what is the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 38Medium EconomicsIf nominal GDP is ₹960 crore and the GDP deflator is 120, what is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf the real GDP index is 125 and the nominal GDP index is 150, what will be the GDP deflator index?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsTwo economies have equal nominal GDP, but the first has a GDP deflator of 125 and the second has a GDP deflator of 100. Which has the higher real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf year-two real GDP is 20 percent higher than year-one real GDP but nominal GDP is only 8 percent higher, what is the estimated change in the price level?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsWhich decomposition correctly separates the sources of nominal GDP growth?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsIf real GDP is ₹800 crore in one year and next-year real growth is 5 percent with inflation of 10 percent, what will next-year nominal GDP be if the initial deflator was 100?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsWhen improvement in the quality of services is difficult to measure, what may happen to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsIf the deflator is 150 in a year, what is the correct interpretation of the average price of current output relative to the base year?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsPrices of domestically produced final goods rose while prices of imported consumer goods fell. Which index is more likely to rise?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Hard EconomicsIf real output rises but the composition of production shifts toward lower-priced goods, how may nominal GDP behave?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsAn economy produces wheat and cloth. Base-year prices are ₹20 and ₹50, while current quantities are 100 and 40. If current prices are ₹24 and ₹55, what is the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Hard EconomicsWhich statement indicates inflation-driven growth rather than real output growth?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf nominal GDP is ₹1,000 crore with a deflator of 100 in year one and ₹1,260 crore with a deflator of 120 in year two, what is the real growth rate?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsWhen demand for a good rises greatly after its price falls, what problem can fixed base-year weights create?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsIf current nominal GDP is ₹2,400 crore and prices are on average 20 percent lower than in the base year, what is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard