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Given Real GDP 8.25%, Nominal GDP 11.25%, Rate of inflation will be

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Question:

Given Real GDP 8.25%, Nominal GDP 11.25%, Rate of inflation will be

A.

2.5%

B.

3%

C.

4.25%

D.

3.5%

Answer» b. 3%

Note: The above multiple-choice question is for all general and Competitive Exams in India.