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RELATED QUESTIONS

Real Gdp And Nominal Gdp

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

EconomicsWhy is real GDP useful for comparing different years?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsWhy is nominal GDP less suitable for comparing economic growth?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsIf output remains constant and prices fall, what happens to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsIf prices remain constant and output falls what happens to nominal and real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsIf output quantity remains constant and prices rise by 12 percent what happens to nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsIf prices remain constant and output quantity rises by 20 percent what happens to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsWhich measure is more useful for removing the effect of inflation?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsWhat does an increase in real GDP mainly indicate?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsReal GDP is based on which type of prices?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsNominal GDP is based on which type of prices?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsAn economy produces 600 units in the current year. The base-year price is ₹16 and the current price is ₹20. What will be the difference between real and nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf real GDP rises by 8 percent and the GDP deflator falls by 5 percent then which statement about nominal GDP is correct?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf real GDP is ₹3,000 crore and the price level is 20 percent above the base year then what is nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf nominal GDP is ₹3,360 crore and the GDP deflator is 120, what is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIn a two-good economy, the first good has current quantity 90 and current price ₹12, while the second has current quantity 30 and current price ₹24. What is nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIn a two-good economy, the first good has current quantity 60 and base price ₹20, while the second has current quantity 40 and base price ₹30. What is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsWhich conclusion is not necessarily correct when nominal GDP rises?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsWhich conclusion is most appropriate when real GDP rises?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Easy EconomicsIf nominal GDP remains unchanged and the GDP deflator rises, what happens to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf real growth is higher than nominal growth, which reason is possible?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium