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Class 12 · Economics · Easy

How is NDP calculated?

Class 12 · Economics · Easy

What is the full form of NDP?

Class 12 · Economics · Medium

If a mobile phone produced within a country’s domestic territory by a foreign company is sold to local customers, how is it recorded in GDP?

Class 12 · Economics · Easy

Which statement gives the most precise exam-useful definition of GDP?

Class 12 · Economics · Easy

If real GDP is 3200 and the GDP deflator is 125, what is nominal GDP?

Class 12 · Economics · Medium

If a company develops new software this year and sells licenses, how will it be included in GDP?

Class 12 · Economics · Easy

If a country's NDP at market price is 3100 and depreciation is 500, what is its GDP at market price?

Class 12 · Economics · Medium

If the government gives cash assistance to a poor household, why is it not directly added to GDP?

Class 12 · Economics · Medium

Which option gives the expenditure components of GDP correctly?

Class 12 · Economics · Medium

If a foreign worker employed within domestic territory is paid wages, it is linked to which country's GDP?

Class 12 · Economics · Medium

If a country's real GDP rises but nominal GDP remains the same, what can be a possible reason?

Class 12 · Economics · Medium

If a good is produced domestically and sold to a foreign buyer, how is it treated under the expenditure method of calculating GDP?

Class 12 · Economics · Hard

If a country's GDP at market price is 2,800 and its GNP at market price is 3,000, what is its net factor income from abroad?

Class 12 · Economics · Hard

If a company gives a production-related bonus to its employees, from which perspective can the bonus be linked to GDP?

Class 12 · Economics · Hard

If GDP at market price is 5,000, depreciation is 700, and net indirect taxes are 300, what is NDP at factor cost?

Class 12 · Economics · Medium

In which situation is the concept of domestic territory most decisive for measuring GDP?

Class 12 · Economics · Medium

If the base-year price of a good was 10 and its current-year price is 15, while the quantity produced remains unchanged, what will real GDP show?

Class 12 · Economics · Medium

Which adjustment is most important to understand the difference between GDP and GNP?

Class 12 · Economics · Easy

If exports are 700 and imports are 520, by what amount will net exports contribute to GDP?

Class 12 · Economics · Medium

Which transaction will not be directly included in GDP because no new production occurred?