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Class 12 · Economics
→If a firm produced goods but they remained in a warehouse at year end, why will they be included in GDP?
Class 12 · Economics
→If a household buys a new car, under which part of the expenditure method will it come?
Class 12 · Economics
→Why can the same good be treated sometimes as final and sometimes as intermediate in GDP?
Class 12 · Economics
→If the government pays unemployment allowance, how will it be treated in GDP?
Class 12 · Economics
→In which situation can nominal GDP rise while real GDP falls?
Class 11 · Economics
→Which statement is the most careful regarding GDP and welfare?
Class 12 · Economics
→If nominal GDP is 15000 and real GDP is 12000, what is the GDP deflator?
Class 12 · Economics
→If a car manufacturer buys tyres to produce a car, why is the full value of the tyres not added separately to GDP?
Class 12 · Economics
→What is the main purpose of including only final goods and services in GDP?
Class 12 · Economics
→In which example will the value of a service be included in GDP?
Class 12 · Economics
→If GDP at market price is 8400, indirect taxes are 900, and subsidies are 250, what is GDP at factor cost?
Class 12 · Economics
→If production within a country's domestic territory rises but most profits are remitted abroad by foreign companies, which statement about GDP is correct?
Class 12 · Economics
→If foreign tourists spend money on hotel services within a country's domestic territory, how is this activity included in GDP?
Class 12 · Economics
→Which option gives the most precise definition of GDP?
Class 12 · Economics
→If GDP at market price is 1500, indirect taxes are 210, and subsidies are 60, what is GDP at factor cost?
Class 12 · Economics
→In GDP, how will a software development company's newly provided service be classified when it is produced during the current year?
Class 12 · Economics
→If output rises but the price level falls, why can the effect on nominal GDP be ambiguous?
Class 12 · Economics
→Which option includes only expenditure components of GDP?
Class 12 · Economics
→How can grain grown by a farmer for self-consumption be treated in GDP?
Class 12 · Economics
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