Question
Which of the following provides the measure of the
general price inflation in an economy?Solution
The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year.
 In a school with 400 students, the average age of the boys is 16 years and that of the girls is 12 years. If the average age of school is 14 years 9 m...
The average age of A and B is 3 years more than the average age of A and C. If B’s current age is 4/3 times A’s age, and C is 2 years older than A, ...
The average score of 28 players in a team is 73. After two new players with scores (x + 8) and (x - 6) joined, the average score decreased by 2 points. ...
Average of 20 numbers is 90. Average of first 8 numbers is 92 while average of last nine numbers is 40. If ninth number is 25% less than the tenth numbe...
The average wage of a group of 20 labourers is Rs. 500. If 4 persons receiving average wage of Rs. 360 leave the group and 2 persons receiving average w...
The average cost of two chairs is Rs.10000. The average cost decrease by 20% when one more chair is included. What is the cost price of the 3rd
The annual production of an article fluctuates. It consistently rises by 25% for two consecutive years, followed by a 20% decline in the third year. In ...
The average of 8 numbers is 22. When two new numbers 'p' and 'q' are added, the average increases by 3. If p - q = 10, find the value of q.
The average weight of 20 boys is 48 kg. However, the weights of three boys, originally 46 kg, 44 kg, and 38 kg, were incorrectly ...
The average Economics marks of two sections A and B of class X in the annual examination is 70. The average marks of Section A is 72.5 and that of secti...
Relevant for Exams:
