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Real Gdp

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

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 37HardEconomicsWhich statement indicates inflation-driven growth rather than real output growth?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37MediumEconomicsWhen 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 37HardEconomicsIf 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 37HardEconomicsIf a good had an unusually high price in the base year, how may the fixed-price method affect its current output?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsWhy is the GDP deflator called an implicit price index?Class 12National Income and Related AggregatesGDP DeflatorLevel 37MediumEconomicsWhich change can raise real GDP while leaving nominal GDP unchanged?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsIf nominal GDP is ₹960 crore and the GDP deflator is 80, what will real GDP be?Class 12National Income and Related AggregatesGDP DeflatorLevel 37MediumEconomicsIf real GDP falls by 6 percent and the price level rises by 8 percent, what is the estimated change in nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsWhen fixed base-year prices are used for real GDP, what bias may arise from large changes in relative prices?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsFrom the perspective of a quantity index what change does real GDP attempt to isolate?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37MediumEconomicsIf the GDP deflator is 80 then what is the correct relationship between nominal and real GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 37MediumEconomicsBetween two years nominal GDP doubled and the GDP deflator also doubled. What happened to real GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 37HardEconomicsIf a computer's price remains unchanged while its capability doubles due to quality improvement then what is needed for accurate real GDP measurement?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsIf a new product is introduced in the current year but had no price in the base year then what is the main difficulty in constant-price measurement?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsWhat is a major advantage of the chain-weighted real GDP method?Class 12National Income and Related AggregatesGDP DeflatorLevel 37ExpertEconomicsAn economy produces only one good. Its base-year price and quantity were ₹20 and 100, while its current-year price and quantity are ₹25 and 120. What is the current GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 37HardEconomicsIf real GDP rises by 8 percent and the GDP deflator rises by 5 percent, approximately how much will nominal GDP rise?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37HardEconomicsIf the base year is changed, what happens to nominal GDP for a given year?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37MediumEconomicsWhat problem may arise in real GDP comparisons when the base year is kept too old?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard

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