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Class 12 · Economics
→If output quantities remain unchanged but prices of all final goods rise by 10 percent, then what will happen?
Class 12 · Economics
→If nominal GDP is ₹840 crore and the GDP deflator is 120 in a year, then what will real GDP be?
Class 12 · Economics
→If real GDP is ₹720 crore and the GDP deflator is 125, what will nominal GDP be?
Class 12 · Economics
→A policymaker wants to observe the long-term trend of actual production separately from inflation. Which measure should be used mainly?
Class 12 · Economics
→If the GDP deflator rises from 100 to 130 while real GDP falls by 10 percent, what is the exact change in nominal GDP?
Class 12 · Economics
→If two economies have equal nominal GDP but the first economy has a higher price level, which one will generally have higher real GDP?
Class 12 · Economics
→In an economy real GDP falls by 4 percent and the deflator rises by 10 percent. What is the exact growth rate of nominal GDP?
Class 12 · Economics
→If output quantities in all sectors rise by 5 percent and prices do not change at all, what happens to real and nominal GDP?
Class 12 · Economics
→In an economy current output of three goods is equal but the current price of one good has risen far more than its base-year price. Why will its effect on nominal GDP be larger?
Class 12 · Economics
→If nominal GDP rises by 30 percent while prices double, what happens to real GDP?
Class 12 · Economics
→The GDP deflator is 140 in one year and 147 in the next. What is the deflator-based inflation rate?
Class 12 · Economics
→If a new digital service did not exist in the base year, why may valuing its current output at constant prices be difficult?
Class 12 · Economics
→Nominal GDP is ₹2400 crore and real GDP is 80 percent of nominal GDP. What is the GDP deflator?
Class 11 · Economics
→If real GDP growth is negative but nominal GDP growth is positive, which combination is possible?
Class 12 · Economics
→In a two-good economy if the price of one good rises and the other falls, the GDP deflator will mainly depend on what?
Class 12 · Economics
→In an economy base-year output was 40 units at ₹25. Current-year output is 50 units at ₹30. What is the growth rate of real GDP?
Class 12 · Economics
→If a country's nominal GDP falls but its deflator falls even faster, what may happen to real GDP?
Class 12 · Economics
→Why is growth in real GDP considered a better indicator of economic growth?
Class 12 · Economics
→In one year nominal GDP is ₹750 crore and real GDP is ₹600 crore. If next year they become ₹810 crore and ₹648 crore respectively, what happens to the price level?
Class 12 · Economics
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