Real G.D.P. increases only when. Option 1: Prices increases Option 2: Prices decreases Option 3: Production increases Option 4: Production decreases

The answer is 'Production increases'. View full solution:

CUET Economics - Real G.D.P. increases only when. | PYQs + Solutions

CUET Economics

Macro

Easy

Prices increases

Prices decreases

Production increases

Production decreases

✅ Correct Option: 3

Related questions:

22 May Shift 2

Nation Income – Undistributed profits – Net interest payments made by households – Corporate tax + Transfer payments to the households from the government and firms, is ______

28 May Shift 1

Consider the following statement related to investment:

(A) The common notion is that investment is using money to buy physical or financial assets.

(B) From an economist's view, investment is capital formation.

(D) The common and economic view regarding investment does not make any difference. It is the same.

Choose the correct answer from the options given below:

(A), (B) and (C) only
(A), (B) and (D) only
(A), (B), (C) and (D)
(B), (C) and (D) only

29 May Shift 2

Arrange the following statements in the context of the calculation of Gross National Product at Market price.

(A) Add Net factor income from abroad.

(B) Calculate values of output.

(D) Deduct intermediate consumption.

Choose the correct answer from the options given below:

CUET Economics PYQs

Keyboard Shortcuts