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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।

EconomicsIf only prices change in an economy while all output quantities remain the same, which statement is correct?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsWhat problem may arise from using prices of a very old base year for calculating real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf an economy's real GDP rises but real GDP per capita remains constant, what can be concluded?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsNominal GDP rises from 1000 to 1210 and real GDP rises from 1000 to 1100. What is the percentage rise in the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Hard 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 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 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 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 EconomicsIf an economy has nominal GDP of ₹660 crore and a price index of 120, what will be its real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf real GDP remains constant but the GDP deflator falls what will happen to nominal GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsWhy is studying real and nominal GDP together useful?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium