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Class 12 · Economics
→If the GDP deflator is 50, what fraction of real GDP is nominal GDP?
Class 12 · Economics
→If the GDP deflator is 200, what is the price level relative to the base year?
Class 12 · Economics
→If a good's quality improves and its price rises, what may be required for accurate measurement of the deflator?
Class 12 · Economics
→How can the GDP deflator include a newly produced good?
Class 12 · Economics
→On what basis can the weights of goods in the GDP deflator change?
Class 12 · Economics
→Why is it necessary to revise the base year periodically?
Class 12 · Economics
→If the base year is changed, what may happen to GDP deflator values?
Class 12 · Economics
→If real GDP is ₹1,100 and nominal GDP is ₹1,320, what is the GDP deflator?
Class 12 · Economics
→If the current prices of the same goods are ₹12 and ₹24, what is nominal GDP?
Class 12 · Economics
→Base-year prices of two goods are ₹10 and ₹20, and current quantities are 50 and 30. What is real GDP?
Class 12 · Economics
→If real GDP is ₹2,400 crore and nominal GDP is ₹2,160 crore, what is the GDP deflator?
Class 12 · Economics
→If real GDP is ₹2,000 crore and nominal GDP is ₹2,500 crore, how much higher is the price level than in the base year?
Class 12 · Economics
→If real GDP is ₹1,500 crore and the GDP deflator is 80, what is nominal GDP?
Class 12 · Economics
→If nominal GDP is ₹1,200 crore and the GDP deflator is 150, what is real GDP?
Class 12 · Economics
→The GDP deflator is 80 in year one and 88 in year two. What is the inflation rate?
Class 12 · Economics
→The GDP deflator is 110 in year one and 121 in year two. By what percentage did the price level rise?
Class 12 · Economics
→The deflator is 125 in year one and 130 in year two. What is the inflation rate?
Class 12 · Economics
→If nominal GDP rises by 6 percent and real GDP rises by 10 percent then what approximately happens to the price level?
Class 12 · Economics
→If nominal GDP rises by 12 percent and real GDP rises by 8 percent then approximately how much does the price level rise?
Class 12 · Economics
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