CBSE 2015 Class 12 Economics Delhi Set-1

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Question : 6
Total: 19
If Real GDP is ₹ 200 and Price Index (with base =100 ) is 110 , calculate Nominal GDP.
Solution:  
We know,
Real GDP =
Nominal GDP
Price Incex of Current Year
×100
200=
Nominal GDP
110
×100

Nominal GDP =220
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