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Class 12 · Economics
→If the deflator falls by 30 percent in the first year and rises by 30 percent in the second year, what is the total change?
Class 12 · Economics
→If the deflator rises by 50 percent in the first year and falls by 20 percent in the second year, what is the total change?
Class 12 · Economics
→If the deflator falls from 200 to 150, what is the percentage decline in the price level?
Class 12 · Economics
→If the GDP deflator rises from 80 to 100, what is the percentage increase in the price level?
Class 12 · Economics
→Why may the GDP deflator change when output of an expensive good rises sharply even though its price is unchanged?
Class 12 · Economics
→If domestic production shifts from expensive goods toward cheaper goods, what may happen to the GDP deflator?
Class 12 · Economics
→If a mobile phone's price rises by 15 percent while its quality improves by 20 percent, what error is possible without quality adjustment?
Class 12 · Economics
→When no base-year price exists for a new good, what may be required in measuring the GDP deflator?
Class 12 · Economics
→How does a chain price index reduce the problem of an outdated base year?
Class 12 · Economics
→Why can the GDP deflator change after rebasing even though nominal GDP for a year may not change?
Class 12 · Economics
→If the base year is very old and production composition has changed, what problem may arise in the GDP deflator?
Class 12 · Economics
→If imported goods have a large weight in the consumer basket, which index may be relatively more affected by rising import prices?
Class 12 · Economics
→If prices of domestic investment goods rise sharply while consumer-goods prices remain stable, what difference may arise between the GDP deflator and CPI?
Class 12 · Economics
→If the price of an imported input rises and the price of the domestic final good also rises, what may happen to the deflator?
Class 12 · Economics
→What is the best reason imported final-goods prices are not directly included in the GDP deflator?
Class 12 · Economics
→If the price of good A rises by 25 percent and the price of good B falls by 10 percent, what does the direction of the deflator depend on?
Class 12 · Economics
→If real GDP is ₹2,400 and nominal GDP is ₹2,940, what is the GDP deflator?
Class 12 · Economics
→If the current prices of the same goods are ₹20 and ₹36, what is nominal GDP?
Class 12 · Economics
→Base-year prices of two goods are ₹16 and ₹30, and current quantities are 75 and 40. What is real GDP?
Class 12 · Economics
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