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Class 12 · Economics

During a fall in the price level, which relationship is generally possible?

Class 12 · Economics

During inflation, which is generally likely to be higher: nominal GDP or real GDP?

Class 12 · Economics

If nominal GDP rises by 10 percent, does it certainly mean that real output grew by 10 percent?

Class 12 · Economics

If real GDP rises by 5 percent, what does it generally mean?

Class 12 · Economics

If nominal GDP is ₹3,000 and real GDP is ₹2,500, what will be the GDP deflator?

Class 12 · Economics

In the current year, 100 units are produced. The current price is ₹30 and the base-year price is ₹25. What will be the real GDP?

Class 12 · Economics

In the current year, 100 units are produced. The current price is ₹30 and the base-year price is ₹25. What will be nominal GDP?

Class 12 · Economics

In an economy, 80 units are produced at a current-year price of ₹25 per unit. What will be nominal GDP?

Class 12 · Economics

In an economy, 100 units are valued at a base-year price of ₹20 per unit. What will be real GDP?

Class 12 · Economics

If both nominal and real GDP are ₹10,000 crore, what will be the GDP deflator?

Class 12 · Economics

If real GDP is greater than nominal GDP, what does it generally indicate?

Class 12 · Economics

If nominal GDP is greater than real GDP, what does it generally indicate?

Class 12 · Economics

If prices fall while output quantity remains unchanged, what happens to real GDP?

Class 12 · Economics

If prices fall while output quantity remains unchanged, what happens to nominal GDP?

Class 12 · Economics

If output quantity rises while prices remain constant, what happens to nominal and real GDP?

Class 12 · Economics

Which is a better measure of economic growth?

Class 12 · Economics

What is GDP measured at constant prices called?

Class 12 · Economics

What is GDP measured at current prices called?

Class 11 · Economics

What is the main use of a base year?

Class 12 · Economics

If nominal GDP is ₹9,600 crore and the deflator is 120, what will be real GDP?