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Class 11 · Economics

If GDP growth comes only from increased weapon production, which conclusion about welfare is appropriate?

Class 12 · Economics

How will handicraft bought by a foreign tourist in India be treated in GDP?

Class 12 · Economics

Which option represents current production included in GDP?

Class 12 · Economics

Why is a crop subsidy given by the government not directly added to output value in GDP?

Class 12 · Economics

If an economy has C = 7000, I = 2500, G = 1800, X = 1200 and M = 1600, what is GDP?

Class 11 · Economics

Which limitation is shown by not including unpaid household work in GDP?

Class 12 · Economics

If Nominal GDP = 18000 and GDP Deflator = 120, what is Real GDP?

Class 12 · Economics

To avoid double counting in GDP, what does the value-added method add?

Class 12 · Economics

In which situation will wheat be treated as an intermediate good in GDP?

Class 12 · Economics

Which will be treated as a final service in GDP?

Class 12 · Economics

If GDP at market price is 12500, indirect taxes are 1000, and subsidies are 350, what is GDP at factor cost?

Class 12 · Economics

If a foreign company located within domestic territory produces mobiles in India, why will its output value be included in India’s GDP?

Class 12 · Economics

If a film produced within a country's domestic territory is sold to a foreign OTT platform, how will it be recorded in GDP?

Class 12 · Economics

Which answer gives the three most essential words for an expert-level GDP definition?

Class 12 · Economics

If Nominal GDP = 2750 and Real GDP = 2500, what does it indicate about prices?

Class 12 · Economics

What may be considered included in the concept of domestic territory for GDP?

Class 12 · Economics

If a factory's output value is 1200 and intermediate consumption is 700, with product tax of 80 and product subsidy of 20, what is value added at market price?

Class 11 · Economics

Why is ignoring leisure important as a limitation of GDP?

Class 12 · Economics

If indirect tax on a product rises and subsidy remains the same, what happens to the gap between GDP at market price and GDP at factor cost?

Class 12 · Economics

Which example will be included in GDP as current-year production?