Question

If GDP is 200 and price index is 110 . calculate nominal GDP

Answer 1

Answer:

If Real GDP is Rs. 200 and Price Index (with base = 100) is 110, calculate Nominal GDP. Calculate national income and gross national disposable income from the following: (Rs.)

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Computation of Gross National Disposable Income:

S.No. Particulars (Rs in crores)

(ix) Net imports 30