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Class 12 · Economics

If C = 5,000, I = 1,800, G = 1,200, X = 900, and M = 700, what is GDP using the expenditure method?

Class 12 · Economics

Which option gives the correct form of the expenditure method of calculating GDP?

Class 12 · Economics

How is the construction of a new residential building counted in GDP?

Class 12 · Economics

If a company spends money repairing a machine only to maintain its old productive capacity, how should this expenditure generally be understood in GDP accounting?

Class 12 · Economics

In which situation can the official estimate of GDP be lower than the actual level of production?

Class 12 · Economics

If GDP at market price is 11,000, depreciation is 1,000, indirect taxes are 700, and subsidies are 200, what is NDP at factor cost?

Class 11 · Economics

If a country’s GDP rises but income distribution becomes highly unequal, which statement about welfare is correct?

Class 12 · Economics

Because depreciation is not deducted from GDP, what type of measure is GDP called?

Class 12 · Economics

Which income is included in the income method of calculating GDP?

Class 11 · Economics

Which item will be included in GDP?

Class 11 · Economics

If an Indian citizen earns a salary by working in Dubai, why is that salary not directly included in India’s GDP?

Class 11 · Economics

What is the most correct reason for subtracting imports when calculating GDP?

Class 12 · Economics

If a good produced within a country is sold abroad, how is it recorded under the expenditure method of calculating GDP?

Class 12 · Economics

In which situation can imputed value be used in GDP calculation?

Class 12 · Economics

If GDP is 10,000 and depreciation is 1,200, what is NDP?

Class 11 · Economics

GDP does not fully reflect the damage caused by over-exploitation of natural resources. Which limitation of GDP does this illustrate?

Class 12 · Economics

If subsidy is very high, what relation between GDP at factor cost and GDP at market price is possible?

Class 12 · Economics

What is the effect of indirect taxes in GDP at market price?

Class 12 · Economics

Which transaction will not be included in GDP?

Class 12 · Economics

If GDP at factor cost (GDP₍FC₎) is 7,200, indirect taxes are 600, and subsidies are 150, what is GDP at market price (GDP₍MP₎)?