# If Nominal GNP is ₹ 1,200 and Real GNP is ₹ 500, then GNP Deflator will be 200

True or False with Reasons:

If Nominal GNP is ₹ 1,200 and Real GNP is ₹ 500, then GNP Deflator will be 200.

Anurag Pathak Changed status to publish December 22, 2023

False,

GNP would be ₹ 240

Solution:-

GNP Deflator = Nominal GNP/Real GNP × 100

GNP Deflator = 1,200/500 × 100

GNP Deflator = ₹ 240

Anurag Pathak Changed status to publish December 11, 2023