CUET Economics - Suppose a country only produces bread. In the year 2000 it had produced 100 units of bread, price was Rs. 10 per bread. In 2001, the same country produced 110 units of bread at price was Rs. 15 per bread. In 2001, the nominal and real GDP are : (base year is 2000) | PYQs + Solutions

CUET Economics

Macro

Easy

Rs. 1,550 and Rs. 1,000

Rs. 1,400 and Rs. 2,000

Rs. 1,650 and Rs. 1,100

Rs. 1,500 and Rs. 1,000

✅ Correct Option: 3

Related questions:

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Expenditure method	(I) Invetory investment
(B) Income method	(II) GDP in the phase of disposition
(C) Value added method	(III) GDP in the phase of distribution
(D) Value of output - sales	(IV) GDP in the phase of production

Choose the correct answer from the options given below:

CUET Economics 2022 Slot 3

If a Country's real GDP is $\overline{\mathbf{\tau}}$ 400 crores and its nominal GDP is $\overline{\mathbf{\tau}}$ 1000 crores, its GDP deflator is : (Choose the correct alternative).

CUET Economics 2024 Slot 1

The value of Nominal GDP is USD 1100 and the value of Real GDP is USD 1000. Find the value of GDP deflator:

CUET Economics PYQs

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