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CA Foundation doubt

The nominal gdp of a country in base year is given at 600 crores.In the current year ,the nominal GDP increases to 1200 crores and price index rises to 110.What will be GDP deflator in current year? W

Asked by Gayathri4 Jun 2024356 views

4 answers

  1. Mayank · 4 Jun 2024

    GDP defalter = nominal GDP/real GDP nominal = 1200 so use equation 1200/110×100 ≈ 1090.90 cr...

  2. Saloni · 4 Jun 2024

    The answer is 10909.09

  3. Sayacaa · 4 Jun 2024

    Eqn used is : price index= nominal GDP/ real GDP*100

  4. Sayacaa · 4 Jun 2024

    110=1200/real GDP*100 Ans would be 1090.9 cr

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