CUET Economics - Which of the following indicate that the goods and services are evaluated at some constant set of prices ? | PYQs + Solutions

CUET Economics 2025 22 May Shift 2

Macro

Easy

National disposable Income.

Real GDP.

Nominal GDP.

GNP_MP.

✅ Correct Option: 2

Related questions:

31 May Shift 1

Calculate Operating surplus.

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Gross Domestic Product at Market Prices (GDPₘₚ)	(I) All the economic output produced by a nation’s normal residents, whether they are located within the national boundary or abroad.
(B) Net Domestic Product at Market Prices (NDPcₘₚ)	(II) Sum of income earned by all factors in the production in the form of wages, profits, rent and interest, etc., belonging to a country during a year.
(C) Gross National Product at Market Prices (GNPₘₚ)	(III) All production done by the national residents or the non-residents in a country gets included, regardless of whether that production is owned by a local company or a foreign entity.
(D) National Income (NI)	(IV) Income earned by the factors in the form of wages, profits, rent, interest, etc., within the domestic territory of a country.

Choose the correct answer from the options given below: |

14 May Shift 1

NNP at market prices – (Indirect taxes – Subsidies) = .............

CUET Economics 2025 22 May Shift 2 PYQs