Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

If a large part of GDP growth comes from accident repairs and medical treatment what caution is needed?

Answer and explanation

Correct answer: This growth may be compensation for earlier damage

The governing concept is the limitation of GDP as a welfare measure, especially defensive expenditure. Accident repairs and medical treatment are counted as market production, so they can raise GDP. However, they may only restore vehicles, health or property lost through an earlier accident. Thus option D is correct. GDP records the expenditure but does not subtract the original suffering or damage automatically.

Related tags

Defensive ExpenditureAccident RepairMedical TreatmentWelfareGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.