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Class 12 · Economics
→If real GDP is ₹1,440 crore and nominal GDP is ₹1,584 crore, then what is the GDP deflator?
Class 12 · Economics
→If nominal GDP is ₹1,350 crore and the GDP deflator is 108, then what is real GDP?
Class 12 · Economics
→Which two measures are most suitable together for separately understanding long-term trends in real output and the price level?
Class 12 · Economics
→If an economy's real GDP rises by 4 percent and population rises by 6 percent, what is the approximate exact change in real GDP per capita?
Class 12 · Economics
→If all current-year prices are double the base-year prices but output quantities are halved, what happens to nominal GDP?
Class 12 · Economics
→If real GDP falls by 8 percent and the price level rises by 15 percent, what is the exact change in nominal GDP?
Class 12 · Economics
→Which difference between the GDP deflator and the consumer price index is correct?
Class 12 · Economics
→If two countries have equal real GDP but the first country has a higher GDP deflator, which country will generally have higher nominal GDP?
Class 12 · Economics
→If output quantity rises by 20 percent and prices fall by 20 percent, what happens to real and nominal GDP respectively?
Class 12 · Economics
→If an economy's GDP deflator is 200, what is the ratio of nominal GDP to real GDP?
Class 12 · Economics
→In one year nominal GDP is ₹1100 crore and the deflator is 125. Next year nominal GDP is ₹1210 crore and the deflator remains 125. By what percentage did real GDP rise?
Class 12 · Economics
→Why may an old base year distort real GDP when new goods become very important in the economy?
Class 12 · Economics
→If nominal GDP falls by 10 percent and real GDP rises by 5 percent, what is the approximate exact rate of change in the price level?
Class 12 · Economics
→If a country's real GDP is ₹900 crore and real GDP per capita is ₹300, what is the population?
Class 12 · Economics
→In the base year output was 50 units at ₹40. In the current year output is 60 units at ₹50. What is the growth rate of real GDP?
Class 12 · Economics
→If the GDP deflator is 110 in one year and 132 in the next, what is the percentage rise in the price level?
Class 11 · Economics
→Which reason may cause economic welfare to fall despite an increase in real GDP?
Class 12 · Economics
→If nominal GDP rises by 25 percent and real GDP falls by 25 percent, what is the exact change in the price level?
Class 12 · Economics
→Under which condition will the growth rates of nominal GDP and real GDP be equal?
Class 12 · Economics
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