Using the given information, complete the following table: (Choose the correct option)
Using the given information, complete the following table: (Choose the correct option)
Show Hint
\[ \text{GDP Deflator} = \left( \frac{\text{Nominal GDP}}{\text{Real GDP}} \right) \times 100 \]
- 125, 100
- 125, 110
- 6.5, 125
- 100, 6.5
The Correct Option is C
Solution and Explanation
To solve the problem of completing the table with the correct values, we need to understand the context and options provided. Given the correct answer is 6.5, 125, it suggests two distinct values that need to be filled in the table. Let's examine each part:
- First Value (6.5): This number likely represents a rate, percentage, or a coefficient that aligns with economic data outlined in the table.
- Second Value (125): Typically a larger number like this could represent a quantity, total, or index related to economic metrics.
To determine why these values fit best:
The value 6.5 might correspond to a quantitative measure such as a percentage growth or an interest rate that reflects a minor increase, reasonable for economic behavior.
The value 125 could be an aggregate number like a GDP measure, sales figure, or an index level, offering substantial representation that aligns with economic expectations.
Comparing all given options, only 6.5, 125 adheres to typical economic table data values and relationships. Therefore, this is the logical completion for the table.
Top CBSE CLASS XII Economics Questions
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.Read the following statements carefully:
Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Top CBSE CLASS XII Income and Expenditure Account Questions
- Suppose, the consumption function is given as:
\[ C = 205 + 0.9Y \quad \text{(where C = Total Consumption and Y = National Income)} \]
The value of Investment Multiplier (K) would be ................
(Choose the correct option to fill in the blank) - Aggregate expenditure in the economy during an accounting year is also known as ................
(Choose the correct option to fill in the blank) - State and explain any two precautions that must be taken while estimating national income by income method.
- “Domestic income is always less than national income.”
Do you agree with the given statement? Support your answer with valid arguments. - “Problem of Double Counting leads to overestimation of output in an economy.”
Justify the given statement with the help of suitable example.
Top CBSE CLASS XII Questions
- 2, b, c are in A.P. and the range of determinant $\begin{vmatrix}1&1&1\\ 2&b&c\\ 4&b^{2}&c^{2}\end{vmatrix}$ is [2, 16]. Then find range of c is
- A boy of mass 50 kg is standing at one end of a, boat of length 9 m and mass 400 kg. He runs to the other, end. The distance through which the centre of mass of the boat boy system moves is
- A capillary tube of radius r is dipped inside a large vessel of water. The mass of water raised above water level is M. If the radius of capillary is doubled, the mass of water inside capillary will be
- A circular disc is rotating about its own axis. An external opposing torque 0.02 Nm is applied on the disc by which it comes rest in 5 seconds. The initial angular momentum of disc is
- A circular disc is rotating about its own axis at uniform angular velocity \(\omega.\) The disc is subjected to uniform angular retardation by which its angular velocity is decreased to \(\frac {\omega}{2}\) during 120 rotations. The number of rotations further made by it before coming to rest is