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Class 11 · Economics

If arms production rises after a conflict, GDP may rise, but why may economic welfare not rise?

Class 12 · Economics

In which example will only the brokerage service be included in GDP, rather than the full value of the asset?

Class 12 · Economics

In which situation can the difference between GDP at market price and GDP at factor cost be negative?

Class 12 · Economics

If GDP at factor cost (GDP_FC) is 2500 and net indirect taxes are -100, what is GDP at market price (GDP_MP)?

Class 12 · Economics

If an Indian citizen works abroad, why is the income earned from that work not included in India’s GDP?

Class 12 · Economics

If GDP at market price (GDP_MP) is 4100 and net factor income from abroad (NFIA) is -250, what is GNP at market price (GNP_MP)?

Class 12 · Economics

Which adjustment is most important to understand the difference between GDP and GNP?

Class 12 · Economics

If exports are 700 and imports are 520, by what amount will net exports contribute to GDP?

Class 11 · Economics

If free education is provided in a government school, how is its value estimated in GDP?

Class 12 · Economics

Which transaction will not be directly included in GDP because no new production occurred?

Class 12 · Economics

If real GDP is 2000 and nominal GDP is 2400, what will be the GDP deflator?

Class 12 · Economics

If the full value of the same wood is added as wood and again as furniture, what error occurs?

Class 12 · Economics

In which situation will a good be treated as a final good?

Class 12 · Economics

If a country's GDP deflator is 140, what does it generally mean?

Class 12 · Economics

If GDP at market price is 3600, indirect taxes are 420, and subsidies are 120, what is GDP at factor cost?

Class 11 · Economics

If a paid domestic worker's wage is included in GDP but unpaid household work by a family member is not, which limitation does this show?

Class 12 · Economics

If a household constructs a new house for its own residence within domestic territory, how is it treated in GDP?

Class 12 · Economics

In which example is production included in GDP, while the related profit may flow outside the country?

Class 12 · Economics

Private consumption is 1,200, investment is 450, government consumption is 300, exports are 250, and imports are 400. What is GDP?

Class 12 · Economics

If GDP at current prices rises but GDP at constant prices falls, what is the most accurate conclusion?