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In which situation would nominal GDP growth be the weakest indicator of real welfare?

Answer and explanation

Correct answer: जब वृद्धि मुख्यतः सामान्य कीमतों के बढ़ने से हो

The governing distinction is between nominal GDP, measured at current prices, and real GDP, which removes the effect of general price changes. If nominal growth mainly reflects inflation, purchasing power and physical output may not improve, so option D is correct. Options A, B, and C describe changes that can support welfare more directly, although GDP alone still cannot capture every welfare dimension.

Related tags

Nominal GdpInflationReal WelfareGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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