The nominal and real GDP respectively of a country in a particular year are ₹ 3000 cr. and ₹ 4500 cr respectively. The GDP deflator will be:

CA Foundation · Business Economics · MTP · September 2024
The nominal and real GDP respectively of a country in a particular year are ₹ 3000 cr. and ₹ 4500 cr respectively. The GDP deflator will be:
(A) A. 55.55
(B) B. 66.66
(C) C. 44.45
(D) D. None of these.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 66.66

Topics: Determination of National Income

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