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Class 11 · Economics

If reconstruction spending rises after a natural disaster, GDP may rise, but why may welfare not necessarily rise?

Class 12 · Economics

Why is the buying and selling of old shares in the stock market not included in GDP?

Class 11 · Economics

In an economy, gross value added is 700 and net taxes on products are 80. What is GDP at market price?

Class 12 · Economics

In which situation will GDP at market price (GDPₘₚ) and GDP at factor cost (GDP_fc) be equal?

Class 12 · Economics

Treatment of a cross-border worker's income in GDP is mainly determined by which principle?

Class 12 · Economics

If Real GDP is 800 and the GDP Deflator is 125, what is Nominal GDP?

Class 12 · Economics

If prices double while the quantity of output remains unchanged, what happens to nominal GDP and real GDP?

Class 12 · Economics

Why are capital gains generally not treated as production income in GDP?

Class 12 · Economics

In which example will production be included in India’s GDP?

Class 12 · Economics

In the gross measure of domestic product, which item is not subtracted?

Class 12 · Economics

If a bank grants a loan, why is the principal amount of the loan not counted in GDP?

Class 12 · Economics

Why are base-year prices used to measure real GDP growth?

Class 12 · Economics

Why is illegal production generally not included in officially measured GDP?

Class 12 · Economics

If GDP at factor cost (GDP₍FC₎) is 780 and net indirect taxes are 120, what is GDP at market prices (GDP₍MP₎)?

Class 12 · Economics

Which transaction will be included in the current year’s GDP?

Class 12 · Economics

In the production method, what is summed to obtain GDP at market prices (GDP₍MP₎) from GVA at market prices (GVA₍MP₎)?

Class 11 · Economics

If the government gives an unemployment allowance, why is it not directly added to GDP?

Class 11 · Economics

Ignoring environmental damage in GDP creates which problem?

Class 11 · Economics

If a country's GDP rises but its population rises faster, what may happen to per capita GDP?

Class 12 · Economics

Including which activity in GDP can wrongly inflate the estimate of production?