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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।

EconomicsIn 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 38Medium EconomicsWhy 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 38Hard EconomicsIf 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 38Hard EconomicsIf 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 38Medium EconomicsIn 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 38Medium EconomicsIf nominal GDP rises by 25 percent and real GDP falls by 25 percent, what is the exact change in the price level?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsUnder which condition will the growth rates of nominal GDP and real GDP be equal?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf current prices are, on average, lower than base-year prices, which relationship will generally hold?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsAn economy has only two goods. Their base-year prices are ₹20 and ₹40, and their current quantities are 30 and 25. What is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf real GDP growth is zero but nominal GDP rises by 7 percent, what generally happened?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIn an economy, nominal GDP rises from 500 to 600 and the GDP deflator rises from 100 to 125. What happens to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsIf the base year is changed, what will be the relationship between real GDP and nominal GDP in the new base year?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsWhich effect is controlled by using base-year prices in the calculation of real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf nominal GDP rises but real GDP per capita falls in a country, which cause is possible?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsAn economy has nominal GDP of ₹1400 crore and real GDP of ₹1120 crore. If real GDP rises by 10 percent and the price level remains constant, what will be the new nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsIf output quantity falls by 15 percent and average prices rise by 25 percent, what is the exact change in nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsIn a country, real GDP rises from 600 to 660 and population rises from 120 to 132. What happens to real GDP per capita?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsNominal GDP is the same in two years but the GDP deflator is lower in the second year. What can be concluded about real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Hard EconomicsIf real GDP is ₹840 crore and the GDP deflator is 125, what is nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium EconomicsWhen can a rise in nominal GDP create a misleading impression of real economic growth?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 38Medium