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Class 11 · Economics

If leisure time falls but market output rises in an economy, which conclusion is correct?

Class 11 · Economics

Why may welfare assessment based on GDP be misleading if crime raises private security and medical spending?

Class 11 · Economics

In which situation may the welfare of future generations fall even when GDP rises?

Class 11 · Economics

A country has high average income but weak nutrition and health indicators. What does this suggest?

Class 11 · Economics

A dam project raises electricity production but displaces many families. What should be done while assessing welfare?

Class 11 · Economics

Which of the following best shows a dual limitation of GDP as a welfare measure?

Class 11 · Economics

If a country's total GDP rises by ten percent and population rises by twelve percent what is the appropriate conclusion about per capita output?

Class 11 · Economics

If market-purchased childcare is replaced by unpaid care from a family member what difference may arise between measured GDP and actual welfare?

Class 11 · Economics

In which situation would growth in nominal GDP least reliably indicate an increase in welfare?

Class 11 · Economics

Two countries have equal real per capita GDP but one has better public health and education. Which country is likely to have higher welfare?

Class 11 · Economics

In an economy output of polluting industries rose and spending on pollution treatment also increased. What is the likely effect on GDP and welfare?

Class 11 · Economics

If real GDP rises but income inequality increases sharply what is the most appropriate conclusion about welfare?

Class 11 · Economics

If a country's GDP rises but the number of public libraries and community centres falls, what may happen to social welfare?

Class 11 · Economics

Which indicators should be used with GDP for a better assessment of welfare?

Class 11 · Economics

Public health improves in a country but private medical spending falls. What may happen to GDP and welfare?

Class 11 · Economics

If factory machines produce more output but employment falls sharply, what may happen to social welfare?

Class 11 · Economics

If total GDP rises but per capita GDP falls, what is the most likely reason?

Class 11 · Economics

What does it indicate if GDP rises and poor families gain better access to safe housing?

Class 11 · Economics

If carbon emissions rise sharply along with GDP, what is the main concern for long-term welfare?

Class 11 · Economics

If free online learning materials improve education, why may GDP understate the benefit?