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National Income And Related Aggregates

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

EconomicsIn the base year an economy produces 100 units at ₹10 each. In the current year it produces 80 units at ₹15 each. What are real and nominal GDP respectively?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf the price of an imported machine rises while domestic production is unchanged, what is the direct effect on the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhat is the main difference between the GDP deflator and the consumer price index?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf real GDP is ₹400 crore and the GDP deflator is 110, what will nominal GDP be?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhich situation will increase the GDP deflator but not directly change real GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhat may happen to historical real GDP figures when the base year is changed to a more recent year?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsSuppose the base-year price of a good was ₹40. In the current year, 25 units are produced and the current price is ₹50. What are its real and nominal contributions, respectively?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Easy EconomicsAn economy has nominal GDP of ₹900 crore and a deflator of 150. If its population is 3 crore, what is real GDP per capita?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 37Hard EconomicsIf nominal GDP is lower than real GDP in a year, what does it generally indicate?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsA country's nominal GDP doubled while real GDP remained unchanged. Other things being equal, what happened?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsWhat is measured by multiplying current-year quantities by current-year prices?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Easy EconomicsIf nominal GDP rises by 5% but the GDP deflator rises by 8%, what will approximately happen to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsNominal GDP rises by 20% between two years but real GDP rises by only 8%. What is the best conclusion?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf the GDP deflator is 90, what is the most appropriate interpretation?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhich statement best describes a major limitation of nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf real GDP grows by 6 percent and the GDP deflator grows by 4 percent, what is the exact growth rate of nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsAn economy produces only wheat and cloth. Base-year prices are ₹20 for wheat and ₹100 for cloth. Current-year quantities are 50 and 10 units respectively. What is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf nominal GDP is ₹800 crore and real GDP is ₹640 crore, what will be the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhy are real GDP and nominal GDP equal in the base year?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIn a year output quantity rises by 10 percent and prices of all goods rise by 15 percent. Approximately how much will nominal GDP rise?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard