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Class 12 · Economics
→If nominal GDP remains constant while prices fall by 5%, what may happen to real GDP?
Class 12 · Economics
→If real GDP falls by 4% but nominal GDP rises by 3%, what does this indicate?
Class 12 · Economics
→If nominal GDP rises by 15% and real GDP rises by 9%, what approximate price rise may be inferred?
Class 12 · Economics
→If prices rise by 8% while output quantity remains constant, by approximately how much will nominal GDP rise?
Class 12 · Economics
→If output quantity rises by 10% while base prices remain unchanged, by approximately how much will real GDP rise?
Class 12 · Economics
→If nominal GDP is ₹3,000 and real GDP is ₹2,400, what will be the GDP deflator?
Class 11 · Economics
→In the current year, 200 units are produced. The current price is ₹15 and the base-year price is ₹12. What will be real GDP?
Class 12 · Economics
→In the current year, 200 units are produced. The current price is ₹15 and the base-year price is ₹12. What will be nominal GDP?
Class 12 · Economics
→If 120 units are valued at a base-year price of ₹40, what will be real GDP?
Class 12 · Economics
→If 120 units are produced at a current price of ₹50, what will be nominal GDP?
Class 12 · Economics
→What does a GDP deflator below 100 indicate?
Class 12 · Economics
→What does a GDP deflator above 100 indicate?
Class 12 · Economics
→Why is the GDP deflator 100 in the base year?
Class 12 · Economics
→Why are nominal GDP and real GDP generally equal in the base year?
Class 12 · Economics
→If prices fall but output quantity rises sufficiently, what happens to real GDP?
Class 12 · Economics
→If real output falls but prices rise very sharply, what may happen to nominal GDP?
Class 12 · Economics
→What can cause an increase in nominal GDP?
Class 12 · Economics
→What does an increase in real GDP indicate?
Class 12 · Economics
→If the deflator is 85, how much lower is the price level than the base year?
Class 12 · Economics
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