Nominal GDP is:

CA Foundation · Business Economics · PYQS · January 2025
Nominal GDP is:
(A) A. Same as real GDP
(B) B. GDP at current prices
(C) C. Real GDP less depreciation
(D) D. GDP at constant prices

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. GDP at current prices

Topics: Determination of National Income

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