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

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

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 540

Topics: Determination of National Income

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