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Class 12 · Economics

If a good's price and quality both increase, what should be done for an accurate deflator?

Class 12 · Economics

Why may including a new technological good in the deflator be challenging?

Class 12 · Economics

What problem may arise in the GDP deflator if the base year is kept too old?

Class 12 · Economics

When the base year is revised, what value is assigned to the deflator in the new base year?

Class 12 · Economics

Why is the direct effect on the GDP deflator limited when only imported fuel prices rise?

Class 12 · Economics

Why can the GDP deflator rise when prices of domestic capital goods increase?

Class 12 · Economics

Compared with the CPI, how is the basket of the GDP deflator different?

Class 12 · Economics

Which of the following will not be directly included in the GDP deflator?

Class 12 · Economics

What is included in the GDP deflator besides consumption goods?

Class 12 · Economics

If real GDP is ₹1,300 and nominal GDP is ₹1,550, what is the closest value of the GDP deflator?

Class 12 · Economics

If the current prices of the same goods are ₹7.5 and ₹16, what is nominal GDP?

Class 12 · Economics

Base-year prices of two goods are ₹6 and ₹14, and current quantities are 100 and 50. What is real GDP?

Class 12 · Economics

If nominal GDP rises by 5% and real GDP rises by 8%, what approximately happens to the price level?

Class 12 · Economics

If nominal GDP rises by 20% and real GDP rises by 10%, by approximately how much does the GDP deflator rise?

Class 12 · Economics

If both nominal GDP and real GDP rise by 12%, what happens to the GDP deflator?

Class 12 · Economics

If the GDP deflator falls from 132 to 118.8, what is the change in the price level?

Class 12 · Economics

If the deflator rises from 108 to 116.64 what is the inflation rate?

Class 12 · Economics

Which conclusion is correct when the GDP deflator is below 100?

Class 12 · Economics

What does a GDP deflator above 100 generally indicate?

Class 12 · Economics

If nominal GDP is ₹1,540 crore and the deflator is 110 then what is real GDP?