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Class 12 · Economics
→If real GDP is ₹2,250 crore and nominal GDP is ₹2,700 crore, then what is the GDP deflator?
Class 12 · Economics
→If nominal GDP is ₹1,725 crore and the GDP deflator is 115, then what is real GDP?
Class 12 · Economics
→Which combination is most appropriate for separately analysing the real output trend and the domestic price level in an economy?
Class 12 · Economics
→If real GDP falls by 9 percent and the price level rises by 10 percent, what is the exact growth rate of nominal GDP?
Class 12 · Economics
→Country A has nominal GDP of ₹2500 crore and a deflator of 125. Country B has nominal GDP of ₹2400 crore and a deflator of 100. Which has higher real GDP?
Class 12 · Economics
→If nominal GDP rises by 12 percent and the GDP deflator falls by 4 percent, what is the approximate exact growth rate of real GDP?
Class 12 · Economics
→If the GDP deflator is 144 in one year and 156 in the next, what is the inflation rate?
Class 12 · Economics
→New technology raises the output quantity of a good and lowers its price. What effect on real and nominal GDP is possible?
Class 12 · Economics
→If real GDP is ₹1,000 crore and nominal GDP is ₹850 crore, what is the GDP deflator?
Class 12 · Economics
→If the GDP deflator is below 100, which statement is generally correct?
Class 12 · Economics
→If nominal GDP rises by 40 percent and the price level rises by 25 percent, what is the exact growth rate of real GDP?
Class 12 · Economics
→If only prices rise by 30 percent in a country while output quantities remain unchanged, what happens to real and nominal GDP?
Class 12 · Economics
→Why is real GDP a better measure of economic growth than nominal GDP?
Class 12 · Economics
→If real GDP rises by 15 percent but nominal GDP rises by only 5 percent, what is the exact change in the price level?
Class 12 · Economics
→An economy has two goods. Current quantities are 20 and 30, and current prices are ₹50 and ₹40. What is nominal GDP?
Class 12 · Economics
→If an economy's real GDP rises by 6 percent and population rises by 3 percent, what is the exact growth rate of real GDP per capita?
Class 12 · Economics
→If the GDP deflator falls from 180 to 162, what is the deflator-based inflation rate?
Class 12 · Economics
→If nominal GDP is ₹2100 crore and real GDP is ₹1750 crore, by what percentage is the price level above the base year?
Class 12 · Economics
→When can real GDP rise while real GDP per capita falls?
Class 12 · Economics
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