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Class 12 · Economics

A good's current price is 50 percent above its base-year price and its current quantity is the same in both calculations. What is its deflator?

Class 12 · Economics

If the GDP deflator is 62.5, nominal GDP is what proportion of real GDP?

Class 12 · Economics

If the GDP deflator is 250, what is the ratio of nominal GDP to real GDP?

Class 12 · Economics

If nominal GDP rises by 50 percent and the GDP deflator also rises by 50 percent, what is the growth rate of real GDP?

Class 12 · Economics

If real GDP is halved and the GDP deflator doubles, what happens to nominal GDP?

Class 12 · Economics

If real GDP rises by 25 percent and the GDP deflator falls by 20 percent, what happens to nominal GDP?

Class 12 · Economics

If real GDP falls by 10 percent and the GDP deflator rises by 12 percent, what is the exact change in nominal GDP?

Class 12 · Economics

If real GDP rises by 6 percent and the GDP deflator rises by 8 percent, what is the exact growth rate of nominal GDP?

Class 12 · Economics

If nominal GDP falls by 15 percent and the GDP deflator falls by 20 percent, what is the approximate exact growth rate of real GDP?

Class 12 · Economics

If nominal GDP rises by 5 percent but the GDP deflator rises by 10 percent, what is the exact approximate change in real GDP?

Class 12 · Economics

If nominal GDP is equal in two economies but the first economy's GDP deflator is higher than the second's, which economy has the higher real GDP?

Class 12 · Economics

If two economies have equal real GDP but the first economy has a higher GDP deflator, which conclusion is correct?

Class 12 · Economics

If one economy has nominal GDP of ₹3000 crore and a GDP deflator of 150, while another has nominal GDP of ₹2800 crore and a deflator of 112, which economy has the higher real GDP?

Class 12 · Economics

If the base year is changed, what will the GDP deflator be in the new base year?

Class 12 · Economics

Why can using a very old base year make the GDP deflator less representative?

Class 12 · Economics

Why may it be difficult to measure the price change of a new digital service that did not exist in the base year?

Class 12 · Economics

Why can the weights of goods in the GDP deflator change over time?

Class 12 · Economics

If only intermediate-good prices rise while final-good prices and value added remain unchanged, what will be the direct effect on the GDP deflator?

Class 12 · Economics

Why can a rise in the price of a domestically produced capital machine affect the GDP deflator?

Class 12 · Economics

If the price of imported petrol rises sharply while domestic output prices remain stable, which conclusion is most appropriate?