A deflator of 160 means the price level is 60 percent above the base year. Subtract 100 to find the difference.
Step 2
Why this answer is correct
The correct answer is A. 60 प्रतिशत / 60 percent. A deflator of 160 means the price level is 60 percent above the base year. Subtract 100 to find the difference.
Step 3
Exam Tip
अपस्फीतिकार 160 का अर्थ आधार वर्ष के मूल्य स्तर से 60 प्रतिशत अधिक है। 100 को घटाकर अंतर निकालें।
A deflator of 70 means the current price level is 70 percent of the base-year level. Therefore it is 30 percent lower.
Step 2
Why this answer is correct
The correct answer is B. 30 प्रतिशत / 30 percent. A deflator of 70 means the current price level is 70 percent of the base-year level. Therefore it is 30 percent lower.
Step 3
Exam Tip
अपस्फीतिकार 70 का अर्थ चालू मूल्य स्तर आधार वर्ष का 70 प्रतिशत है। इसलिए यह 30 प्रतिशत कम है।
A. घरेलू अंतिम वस्तुओं की कीमतों में वृद्धि/Rise in prices of domestic final goods
Step 1
Concept
A rise in prices of domestic final goods and services increases the deflator. The other options do not directly change the price index.
Step 2
Why this answer is correct
The correct answer is A. घरेलू अंतिम वस्तुओं की कीमतों में वृद्धि / Rise in prices of domestic final goods. A rise in prices of domestic final goods and services increases the deflator. The other options do not directly change the price index.
Step 3
Exam Tip
घरेलू अंतिम वस्तुओं और सेवाओं की कीमत बढ़ने से अपस्फीतिकार बढ़ता है। अन्य विकल्प सीधे मूल्य सूचकांक नहीं बदलते।
B. यह सामान्यतः अपरिवर्तित रहेगा/It will generally remain unchanged
Step 1
Concept
When prices remain unchanged nominal and real GDP rise in the same proportion. Therefore the deflator generally remains unchanged.
Step 2
Why this answer is correct
The correct answer is B. यह सामान्यतः अपरिवर्तित रहेगा / It will generally remain unchanged. When prices remain unchanged nominal and real GDP rise in the same proportion. Therefore the deflator generally remains unchanged.
Step 3
Exam Tip
कीमतें समान रहने पर नाममात्र और वास्तविक सकल घरेलू उत्पाद समान अनुपात में बढ़ते हैं। इसलिए अपस्फीतिकार सामान्यतः नहीं बदलता।
When both rise at the same rate their ratio does not change. Therefore the deflator remains unchanged.
Step 2
Why this answer is correct
The correct answer is C. अपरिवर्तित रहेगा / It remains unchanged. When both rise at the same rate their ratio does not change. Therefore the deflator remains unchanged.
Step 3
Exam Tip
दोनों समान दर से बढ़ने पर उनका अनुपात नहीं बदलता। इसलिए अपस्फीतिकार अपरिवर्तित रहता है।
When nominal GDP rises while real GDP stays constant their ratio increases. Therefore the deflator rises.
Step 2
Why this answer is correct
The correct answer is D. बढ़ेगा / It will rise. When nominal GDP rises while real GDP stays constant their ratio increases. Therefore the deflator rises.
Step 3
Exam Tip
नाममात्र सकल घरेलू उत्पाद बढ़ने और वास्तविक सकल घरेलू उत्पाद स्थिर रहने पर उनका अनुपात बढ़ता है। इसलिए अपस्फीतिकार बढ़ता है।
A rise in the deflator from 100 to 110 means a 10 percent price increase. Calculation is simple because the base is 100.
Step 2
Why this answer is correct
The correct answer is B. 10 प्रतिशत / 10 percent. A rise in the deflator from 100 to 110 means a 10 percent price increase. Calculation is simple because the base is 100.
Step 3
Exam Tip
अपस्फीतिकार 100 से 110 होने का अर्थ 10 प्रतिशत मूल्य वृद्धि है। आधार 100 होने से गणना सरल है।
When the deflator falls from 100 to 95 the price level falls by 5 percent. This may be called deflation.
Step 2
Why this answer is correct
The correct answer is C. 5 प्रतिशत कमी / 5 percent fall. When the deflator falls from 100 to 95 the price level falls by 5 percent. This may be called deflation.
Step 3
Exam Tip
अपस्फीतिकार 100 से 95 होने पर मूल्य स्तर 5 प्रतिशत घटा है। इसे अपस्फीति कहा जा सकता है।
