Question 21
In 2024, the GDP deflator is 112 in the economy of Pangia. If the nominal GDP is accounted as 14,000 units in 2024, then what is the value of real GDP in 2024 for Pangia?
15,680 units
14,000 units
12,500 units
10,000 units
In 2024, the GDP deflator is 112 in the economy of Pangia. If the nominal GDP is accounted as 14,000 units in 2024, then what is the value of real GDP in 2024 for Pangia?
15,680 units
14,000 units
12,500 units
10,000 units
Correct answer
12,500 units
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Question 21 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 23 Feb 2025, in the January 2025 term (IIT M DEGREE AN EXAM QDB2 23 Feb 2025). It carries 4 marks.