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Class 12 · Economics · Hard
→If the GDP deflator rises while real GDP falls, which statement about nominal GDP is correct?
Class 12 · Economics · Hard
→If nominal GDP falls by 16 percent and the GDP deflator falls by 30 percent, what happens to real GDP?
Class 12 · Economics · Hard
→If real GDP falls by 30 percent and the GDP deflator rises by 50 percent, what happens to nominal GDP?
Class 12 · Economics · Medium
→If real GDP rises by 18 percent and the deflator falls by 15 percent then what approximately happens to nominal GDP?
Class 12 · Economics · Easy
→If the deflator rises from 135 to 162 how much higher is the new price level than the old one?
Class 12 · Economics · Easy
→If the nominal GDP index is 189 and the deflator index is 140 what is the real GDP index?
Class 12 · Economics · Easy
→If the deflator index is 142.5 and the real GDP index is 120 what is the nominal GDP index?
Class 12 · Economics · Easy
→If the nominal GDP index is 202.5 and the real GDP index is 150 what is the deflator index?
Class 12 · Economics · Medium
→If the deflator rises by 4 percent per year for five consecutive years what is the approximate total increase?
Class 12 · Economics · Medium
→If the deflator falls by 25 percent in the first year and rises by 20 percent in the second year what is the total change?
Class 12 · Economics · Medium
→If the deflator rises by 40 percent in the first year and falls by 25 percent in the second year what is the total change?
Class 12 · Economics · Medium
→If the deflator falls from 250 to 200 what is the percentage decline in the price level?
Class 12 · Economics · Medium
→If the GDP deflator rises from 60 to 75, what is the percentage increase in the price level?
Class 12 · Economics · Expert
→If all individual prices remain unchanged but the composition of output changes, can the GDP deflator change?
Class 12 · Economics · Expert
→If output of a cheaper good rises sharply while output of an expensive good falls, what may happen to the deflator?
Class 12 · Economics · Expert
→If the price of a software subscription rises by 20 percent while its features improve by 25 percent, what may happen without quality adjustment?
Class 12 · Economics · Expert
→What is the main benefit of updating weights each year in a chain-type deflator?
Class 12 · Economics · Expert
→If an old base year gives excessive weight to an obsolete good, what bias may arise in the deflator?
Class 12 · Economics · Expert
→If the deflator for an old year changes after the base year is changed, what is the main reason?
Class 12 · Economics · Expert
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