CUET Economics - If a Country's real GDP is 400 crores and its nominal GDP is 1000 crores, its GDP deflator is : (Choose the correct alternative). | PYQs + Solutions

CUET Economics

Macro

Easy

250

2.5

4000

✅ Correct Option: 1

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CUET Economics 2022 Slot 1

Identify the correct statements about the externalities as a limitation of GDP and welfare.

A. GDP as measured does not include external production of goods.

B. Inverse relationship between negative externality and welfare.

C. No relation between GDP and welfare.

D. Economic activities have both positive and negative externalities.

E. Producers are rewarded with profit for positive externalities

Choose the correct answer from the options given below :

CUET Economics 2022 Slot 1

Coal used by a steel factory during the accounting year is a:

22 May Shift 1

What is the nominal GDP in 2021?

CUET Economics PYQs