Question

1. Which statement is correct for nominal GDP? मौद्रिक जीडीपी के लिए कौनसा कथन सही है? * 1 point It is calculated on base year prices इसकी गणना आधार वर्ष की कीमतों पर की जाती है It is calculated on current year prices इसकी गणना चालू वर्ष की कीमतों पर की जाती है It is calculated on expected prices of coming year इसकी गणना आगामी वर्ष की अपेक्षित कीमतों पर की जाती है None of the above

Answer 1

Answer:

it is calculated in base year price

Answer 2

Answer:

(iv) Nominal GDP values production at current prices, whereas real GDP values production at constant prices. The gross domestic product of a country is the aggregate of the value of all final goods and services produced by an economy in a period, usually a year, in its domestic territory.