Practice test

National income - Test Set 7

Review 1 exam-focused questions with detailed explanations, then start the interactive test when you are ready.

1 questions

Questions and explanations

  1. Question 1

    GDP deflator implies—
    1. Rising trends of prices of goods and services of an economy
    2. Falling trends of prices of goods and services of an economy
    3. Divergency between normal GDP and actual GDP
    4. Both (A) and (C)
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