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Class 12 · Economics

If real GDP is ₹2,400 crore and the GDP deflator is 137.5, then what is nominal GDP?

Class 12 · Economics

If nominal GDP is ₹2,268 crore and real GDP is ₹1,800 crore, then what is the GDP deflator?

Class 12 · Economics

Which index is most suitable for a policymaker studying broad price changes in domestic final output?

Class 12 · Economics

If the GDP deflator is 110 and the consumer price index is 125, which conclusion is certainly correct?

Class 12 · Economics

If the initial deflator is 120 and the final deflator is 137.5, what is the approximate inflation rate?

Class 12 · Economics

If nominal GDP rises from 1800 to 1980 and real GDP falls from 1500 to 1440, what is the new deflator?

Class 12 · Economics

If nominal GDP rises from ₹1400 crore to ₹1680 crore and real GDP rises from ₹1000 crore to ₹1200 crore, what happens to the GDP deflator?

Class 12 · Economics

If the GDP deflator falls while real GDP rises, which statement about nominal GDP is correct?

Class 12 · Economics

If the GDP deflator rises while real GDP falls in an economy, what can be said about nominal GDP?

Class 12 · Economics

If prices of domestic final goods rise by 10 percent while prices of imported consumer goods fall by 30 percent, what is the main direct effect on the GDP deflator?

Class 12 · Economics

Why can a high-priced good have a greater effect on the GDP deflator when its current output rises rapidly?

Class 12 · Economics

In a two-good economy, the price of the first good rises while that of the second falls. What will the total GDP deflator depend on?

Class 12 · Economics

A good's current price is 20 percent below its base-year price. With the same current quantity, what is its deflator?

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?