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Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as follows
Nominal Growth rate = Real Growth Rate×( 1+Inflation rate)
The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.
Based on the above available data, answer below questions:
Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?
  • a)
    14%
  • b)
    11.8%
  • c)
    4.16%
  • d)
    18%
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: Below table represents the Gross Domestic Product of a co...
We can complete the table given in the question as far as we can
Directly applying the formula
Growth rate = Real Growth Rate ×( 1+Inflation rate)
⇒ 1 + inflation rate = Growth Rate / Real Growth Rate
⇒ inflation rate =
= 18%
Hence, the correct option is (d).
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Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer?
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Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Below table represents the Gross Domestic Product of a country for the period 2008-15. The GDP presented is based on Nominal growth rate which is computed as followsNominal Growth rate = Real Growth Rate×( 1+Inflation rate)The population of the country during these years is also under study. The per capita income means the division of the total GDP of the country amongst its people and what does per person contributes to the total GDP of the country.Based on the above available data, answer below questions:Q. If the real growth rate of the year 2011-12 is 23.11 % what was the inflation that year?a)14%b)11.8%c)4.16%d)18%Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.
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