Economics · Macroeconomics
When GDP is measured at constant prices, the intention is to remove the effect of price changes so that the resulting measure better reflects changes in real output. Therefore, GDP at constant prices is especially useful for analyzing:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1current tax buoyancy in nominal terms
- 2real economic growth over time✓
- 3exchange-rate adjusted trade surplus
- 4fiscal deficit as a ratio of GDP
Correct answer
real economic growth over time
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Macroeconomics MCQs →Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics