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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→How does a chain price index reduce the problem of an outdated base year?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
→If nominal GDP rises by 21 percent and the deflator rises by 10 percent, what is real GDP growth?
Class 12 · Economics
→If real GDP remains unchanged and nominal GDP falls by 18 percent, what happens to the deflator?
Class 12 · Economics
→If nominal GDP remains unchanged and real GDP falls by 25 percent, what happens to the deflator?
Class 12 · Economics
→If the deflator falls from 180 to 153, what is the percentage change in the price level?
Class 12 · Economics
→If the deflator rises from 144 to 158.4, what is the inflation rate?
Class 12 · Economics
→If nominal GDP falls by 8 percent and real GDP falls by 15 percent, then what approximately happens to the deflator?
Class 12 · Economics
→If nominal GDP rises by 32 percent and real GDP rises by 20 percent, then what is the exact increase in the deflator?
Class 12 · Economics
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