A. क्योंकि prices बढ़ने से भी nominal GDP बढ़ सकता है/Because nominal GDP can rise due to higher prices
Step 1
Concept
Nominal GDP is at current prices, so it includes the effect of price rise. Understand nominal and real growth separately.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि prices बढ़ने से भी nominal GDP बढ़ सकता है / Because nominal GDP can rise due to higher prices. Nominal GDP is at current prices, so it includes the effect of price rise. Understand nominal and real growth separately.
Step 3
Exam Tip
Nominal GDP current prices पर होता है, इसलिए price rise का असर शामिल होता है। परीक्षा में nominal और real growth अलग समझें।
A. क्योंकि यह constant prices पर मापा जाता है/Because it is measured at constant prices
Step 1
Concept
Real GDP reduces the effect of price changes. Link real GDP with output volume in exams.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि यह constant prices पर मापा जाता है / Because it is measured at constant prices. Real GDP reduces the effect of price changes. Link real GDP with output volume in exams.
Step 3
Exam Tip
Real GDP price changes के प्रभाव को कम करता है। परीक्षा में real GDP को output volume से जोड़ें।
GDP deflator indicates price level using nominal and real GDP. Treat it like a broad price index in exams.
Step 2
Why this answer is correct
The correct answer is A. मूल्य स्तर सूचक / Price level indicator. GDP deflator indicates price level using nominal and real GDP. Treat it like a broad price index in exams.
Step 3
Exam Tip
GDP deflator nominal और real GDP से price level बताता है। परीक्षा में इसे broad price index की तरह समझें।
Nominal GDP comes in the numerator of GDP deflator. Remember \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\).
Step 2
Why this answer is correct
The correct answer is A. Nominal GDP. Nominal GDP comes in the numerator of GDP deflator. Remember \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\).
Step 3
Exam Tip
GDP deflator में nominal GDP numerator में आता है। परीक्षा में formula \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\) याद रखें।
A. GDP को population से भाग देकर/By dividing GDP by population
Step 1
Concept
Per capita GDP is obtained by dividing total GDP by population. Understand it as average output per person.
Step 2
Why this answer is correct
The correct answer is A. GDP को population से भाग देकर / By dividing GDP by population. Per capita GDP is obtained by dividing total GDP by population. Understand it as average output per person.
Step 3
Exam Tip
Per capita GDP कुल GDP को population से divide करके मिलता है। परीक्षा में average output per person समझें।
GDP shows output growth, but welfare is also affected by distribution, pollution and non-market factors. Remember welfare limitations.
Step 2
Why this answer is correct
The correct answer is A. अपूर्ण कथन / Incomplete statement. GDP shows output growth, but welfare is also affected by distribution, pollution and non-market factors. Remember welfare limitations.
Step 3
Exam Tip
GDP output growth दिखाता है पर welfare पर distribution, pollution और non-market factors भी असर डालते हैं। परीक्षा में welfare limitations याद रखें।
