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 share of a country's output is exported and the availability of essential goods at home declines, what is possible?

Answer and explanation

Correct answer: GDP may rise while domestic consumption welfare declines

Exports are included in GDP because they represent domestic production sold abroad. However, if exporting reduces the quantity of essential goods available to residents, domestic consumption and welfare may suffer, especially for vulnerable households. GDP can therefore increase without a corresponding rise in domestic well-being. The words “necessarily” and “must” make B and D incorrect.

Related tags

Gdp And WelfareExportsDomestic ConsumptionEssential GoodsNational 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.