For an economy which consists of single automobile maker and that in year 2014, 30,000 vehicles are produced with an average price of ` 5 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the 4% greater automobile production and 8% inflation.

🎲 Try a Random Question  |  Total Questions in Quiz: 1573  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
UGC NET Management Previous Papers Questions — practice the complete quiz, review flashcards, or try a random question.

1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


For an economy which consists of single automobile maker and that in year 2014, 30,000 vehicles are produced with an average price of ` 5 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the 4% greater automobile production and 8% inflation.






ADVERTISEMENT