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Class 11 · Economics

If nominal GDP rises by 10% while the price level rises by 12%, what does this indicate about real output and welfare?

Class 11 · Economics

A country’s real GDP grows by 10%, but its population grows by 12%. What happens to the indicator of average economic welfare?

Class 12 · Economics

Why does subtracting imports in GDP not mean imports are harmful to welfare?

Class 12 · Economics

In an economy the real GDP index rises from one hundred to one hundred eight and the population index rises from one hundred to one hundred four. What is the approximate real output per capita index?

Class 12 · Economics

In a year nominal GDP rises by ten percent and the GDP deflator rises by twelve percent. What is the most appropriate conclusion about real output?

Class 11 · Economics

If a country's GDP is (₹12000) crore and population is (8) crore what is its per capita GDP?

Class 12 · Economics

If nominal GDP rises by 18% and the price level rises by 12%, approximately how much did real output rise?

Class 12 · Economics

Why is the value of a family repairing its own house generally not added to GDP?

Class 12 · Economics

If real GDP rises by 9% and population rises by 6%, approximately how much will real output per person increase?

Class 12 · Economics

Which of the following is not current production in GDP?

Class 12 · Economics

Which of the following is included in GDP?

Class 12 · Economics

Why are only final goods included in GDP?

Class 11 · Economics

A country's nominal GDP rose by 12% while prices rose by 8%. Approximately how much did real output rise?

Class 12 · Economics

On what basis are free services of government hospitals measured in GDP?

Class 12 · Economics

GDP includes the paid service of a domestic worker but excludes the same service performed by a family member. Why?

Class 12 · Economics

Why is the value of free tree plantation by volunteers not added to GDP even though it improves the environment?

Class 12 · Economics

If a country's total GDP is ₹6000 crore and its population is 3 crore, what is its per capita GDP?

Class 12 · Economics

If nominal GDP is ₹4,032 crore and real GDP is ₹3,200 crore, what is the GDP deflator?

Class 12 · Economics

If the deflator moves from 100 to 112, then 123.2, and then 129.36, what is the inflation rate in the third year?

Class 12 · Economics

If nominal GDP rises by 107.36 percent and the deflator rises by 46.41 percent over four years, what is the approximate total real GDP growth?