If the value of nominal GDP is Rs 5500 and of real GDP is Rs 2200, what is the value of GDP Deflator ? Option 1: 0.4 Option 2: 2.50 Option 3: 1.75 Option 4: 2.25

The answer is '2.50'. View full solution:

CUET Economics - If the value of nominal GDP is Rs 5500 and of real GDP is Rs 2200, what is the value of GDP Deflator ? | PYQs + Solutions

CUET Economics

Macro

Easy

0.4

2.50

1.75

2.25

✅ Correct Option: 2

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