Question
Which of the following statements is true regarding the
GDP deflator?Solution
GDP deflator measures price changes for all domestically produced final goods and services , unlike CPI which covers only consumer goods.
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Palash invest twice the sum invested by Vicky and withdraws half of the sum after 4 months and again withdraws half of the remaining sum after 2 months....
A, B and C invest in a partnership in the ratio 8:7:10 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C ...
A, B and C started a online education website by investing Rs.40,000, Rs.45,000 and Rs.50,000 respectively. Find the share of Aβs, out of an annual pr...
Ashu and Sunil together start a business with investment of Rs. 1800 and Rs. βx + 1000β, respectively. If the profit earned after 5 years is Rs. 640...
Two friends, E and F, started a business by investing RS 1,20,000 and RS 1,80,000, respectively. They agreed to distribute their earnings in the same ra...
P and Q started a business by investing Rs.5600 and Rs.4000 respectively. After 6 months, Q increased his investment by a certain percentage such that a...
A and B started a business by investing sum in the ratio 5:7 respectively for 6 and 10 months respectively. If annual profit earned by B is Rs.1400, the...
- βXβ and βYβ started a business by investing Rs. 2,500 and Rs. 4,000 respectively. After 12 months, βXβ increased his investment by 40% while οΏ½...
