Real GDP \(=\frac{3312}{138}\times100=2400\) crore. Divide by the deflator to remove the price effect.
Step 2
Why this answer is correct
The correct answer is C. ₹2,400 करोड़ / ₹2,400 crore. Real GDP \(=\frac{3312}{138}\times100=2400\) crore. Divide by the deflator to remove the price effect.
Step 3
Exam Tip
वास्तविक सकल घरेलू उत्पाद \(=\frac{3312}{138}\times100=2400\) करोड़ है। मूल्य प्रभाव हटाने के लिए अपस्फीतिकारक से भाग दें।
Inflation \(=\frac{171.6-156}{156}\times100=10\) percent. Do not treat index points as percentage growth.
Step 2
Why this answer is correct
The correct answer is B. 10 प्रतिशत / 10 percent. Inflation \(=\frac{171.6-156}{156}\times100=10\) percent. Do not treat index points as percentage growth.
Step 3
Exam Tip
मुद्रास्फीति \(=\frac{171.6-156}{156}\times100=10\) प्रतिशत है। सूचकांक अंकों को प्रतिशत वृद्धि न मानें।
The price decline \(=\frac{180-225}{225}\times100=-20\) percent. A fall of 45 index points equals a 20 percent decline.
Step 2
Why this answer is correct
The correct answer is B. 20 प्रतिशत / 20 percent. The price decline \(=\frac{180-225}{225}\times100=-20\) percent. A fall of 45 index points equals a 20 percent decline.
Step 3
Exam Tip
मूल्य गिरावट \(=\frac{180-225}{225}\times100=-20\) प्रतिशत है। 45 सूचकांक अंकों की कमी 20 प्रतिशत गिरावट है।
The real GDP factor is \(\frac{2}{3}\) so the deflator factor is \(\frac{3}{2}\). Hence the increase is 50 percent.
Step 2
Why this answer is correct
The correct answer is B. 50 प्रतिशत वृद्धि / 50 percent rise. The real GDP factor is \(\frac{2}{3}\) so the deflator factor is \(\frac{3}{2}\). Hence the increase is 50 percent.
Step 3
Exam Tip
वास्तविक सकल घरेलू उत्पाद का गुणक \(\frac{2}{3}\) है इसलिए अपस्फीतिकारक का गुणक \(\frac{3}{2}\) होगा। अतः वृद्धि 50 प्रतिशत है।
With real output unchanged the nominal increase fully reflects higher prices. Therefore the deflator rises by 22 percent.
Step 2
Why this answer is correct
The correct answer is C. 22 प्रतिशत वृद्धि / 22 percent rise. With real output unchanged the nominal increase fully reflects higher prices. Therefore the deflator rises by 22 percent.
Step 3
Exam Tip
वास्तविक उत्पादन स्थिर होने पर नाममात्र वृद्धि पूरी तरह मूल्य वृद्धि दर्शाती है। इसलिए अपस्फीतिकारक 22 प्रतिशत बढ़ेगा।
B. लगभग 19.3 प्रतिशत वृद्धि/About 19.3 percent rise
Step 1
Concept
Real change \(=\frac{1.05}{0.88}-1\approx19.3\) percent. Adjust nominal growth by the lower price level.
Step 2
Why this answer is correct
The correct answer is B. लगभग 19.3 प्रतिशत वृद्धि / About 19.3 percent rise. Real change \(=\frac{1.05}{0.88}-1\approx19.3\) percent. Adjust nominal growth by the lower price level.
Step 3
Exam Tip
वास्तविक परिवर्तन \(=\frac{1.05}{0.88}-1\approx19.3\) प्रतिशत है। नाममात्र वृद्धि को घटे हुए मूल्य स्तर से समायोजित करें।