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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?

Class 12 · Economics

Why can the GDP deflator and the Consumer Price Index show different inflation rates?

Class 12 · Economics

If the GDP deflator falls from 200 to 150, by what percentage has the price level declined?

Class 12 · Economics

If the GDP deflator rises from 80 to 100, by what percentage has the price level increased?

Class 12 · Economics

If real GDP is 25 percent higher than nominal GDP, what is the GDP deflator?

Class 12 · Economics

If nominal GDP is ₹2,250 crore and real GDP is 80 percent of nominal GDP, what is the GDP deflator?

Class 12 · Economics

If the initial GDP deflator is 125 and the final GDP deflator is 137.5, what is the inflation rate?

Class 12 · Economics

In an economy, nominal GDP rises from ₹2,000 crore to ₹2,310 crore and real GDP rises from ₹1,600 crore to ₹1,680 crore. What is the new-year GDP deflator?