When value of final goods and services are estimate at current price it is? Option 1: Real G.D.P. Option 2: Nominal G.D.P. Option 3: G.D.P. at constant prices Option 4: Consumer Price Index

The answer is 'Nominal G.D.P.'. View full solution:

CUET Economics - When value of final goods and services are estimate at current price it is? | PYQs + Solutions

CUET Economics

Macro

Easy

Real G.D.P.

Nominal G.D.P.

G.D.P. at constant prices

Consumer Price Index

✅ Correct Option: 2

Related questions:

CUET Economics 2022 Slot 1

Which of the following will be included in national income, while using the income method to calculate the same:-

(Choose the correct option)

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). Gross Domestic Product at Market Prices (GDPMP)	(I). C + I + G + (X - M)
(B). Gross Domestic Product at Factor Cost (GDPFC)	(II). GDPMP - Depreciation
(C). Net Domestic Product at Market Prices (NDPMP)	(III). GDPMP - Net Product Taxes
(D). Net Domestic Product at Factor Cost (NDPFC)	(IV). NDPMP - Net Product Taxes - Net Production Taxes

Choose the correct answer from the options given below:

30 May Shift 2

The well-being and wealth of the economy may not resonate only with possession of resources. It should ....................