Find normal GDP if real GDP = 450 and price index= 120

CA Foundation · Business Economics · MTP · September 2025
Find normal GDP if real GDP = 450 and price index= 120
(A) A. 540
(B) B. 640
(C) C. 500
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 540

Topics: Determination of National Income

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