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प्रश्न
If the GDP Deflator is 150, which conclusion about real output is correct?
पर्याय
Real output must have grown 1.5 times.
Real output may not have grown proportionally.
Imports are excluded from CPI.
Prices are equal to base-year levels.
MCQ
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उत्तर
A deflator of 150 shows that prices are 1.5 times base-year levels. Therefore, an increase in Nominal GDP does not mean real output has grown proportionally.
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