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Class 12 · Economics · Easy

An economy has real GDP of twelve hundred crore rupees and a population of six crore. What is real GDP per capita?

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Class 12 · Economics · Medium

What can be concluded if real GDP is rising but real GDP per capita is falling?

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Class 12 · Economics · Medium

If output quantities double and prices are halved what will generally happen to nominal GDP?

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Class 12 · Economics · Easy

If only prices double in an economy while output quantities remain the same, what happens to nominal GDP?

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Class 12 · Economics · Medium

If nominal GDP is one thousand eight hundred crore rupees and the deflator is one hundred twenty, what is real GDP?

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Class 12 · Economics · Medium

If real GDP is one thousand five hundred crore rupees and the deflator is eighty, what is nominal GDP?

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Class 12 · Economics · Medium

If nominal GDP is two thousand crore rupees and real GDP is one thousand six hundred crore rupees, what is the GDP deflator?

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Class 12 · Economics · Medium

Why can nominal GDP be misleading when measuring economic growth?

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Class 12 · Economics · Medium

In which situation can real GDP be greater than nominal GDP?

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Class 12 · Economics · Medium

If nominal GDP growth is fifteen percent and real GDP growth is nine percent, what is the approximate rise in the price level?

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Class 12 · Economics · Easy

If real GDP was eight hundred crore rupees last year and is eight hundred eighty crore rupees this year, what is the growth rate?

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Class 12 · Economics · Medium

Which is the correct formula for calculating the growth rate of real GDP?

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Class 12 · Economics · Medium

Into which two effects can a change in nominal GDP be divided?

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Class 12 · Economics · Medium

If output remains constant and all prices fall by ten percent what will happen to real GDP?

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Class 12 · Economics · Medium

If prices remain constant and output quantity rises by twenty percent what happens to nominal and real GDP?

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Class 12 · Economics · Medium

What does it mean if an economy's GDP deflator is one hundred sixty?

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Class 12 · Economics · Easy

What will be the nominal output value of the same good if current quantity is twenty units and current price is sixty rupees?

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Class 12 · Economics · Medium

If a good has a base-year price of fifty rupees and a current-year price of sixty rupees while current quantity is twenty units what is its real output value?

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Class 12 · Economics · Medium

If nominal GDP is lower than real GDP in a year how is the general price level compared with the base year?

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Class 12 · Economics · Medium

Nominal GDP rises while real GDP remains constant in an economy. What is the most likely reason?

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