Calculate real GDP if nominal GDP is 450 and price index is 120.

CA Foundation · Business Economics · PYQS · January 2026
Calculate real GDP if nominal GDP is 450 and price index is 120.
(A) A. 540
(B) B. 350
(C) C. 375
(D) D. 475

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 375

Topics: Determination of National Income

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