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Class 12 · Economics

If real GDP is 2000 and nominal GDP is 2400, what will be the GDP deflator?

Class 12 · Economics

If a country's GDP deflator is 140, what does it generally mean?

Class 12 · Economics

If GDP at market price is 3600, indirect taxes are 420, and subsidies are 120, what is GDP at factor cost?

Class 12 · Economics

If GDP at market price (GDPₘₚ) and GDP at factor cost (GDP𝒻𝒸) are equal, what does this indicate?

Class 12 · Economics

If Real GDP = 20,000 and the GDP Deflator = 110, what is Nominal GDP?

Class 12 · Economics

If a good produced this year remains unsold in a shop, why will its value enter GDP?

Class 12 · Economics

If nominal GDP rises but the GDP deflator also rises sharply, what caution should be kept about real output?

Class 12 · Economics

What does negative net exports mean in GDP?

Class 12 · Economics

What is the main difference between government final consumption and transfer payment in GDP?

Class 12 · Economics

What is the correct reason for not including capital gain in GDP?

Class 12 · Economics

If GDP = 24,000 and population is 1,200, what is per capita GDP?

Class 12 · Economics

If GDP₍FC₎ = 9,800, indirect taxes = 700, and subsidies = 100, what is GDP₍MP₎?

Class 12 · Economics

How is an imported television bought by a household neutralized in the expenditure method of GDP?

Class 12 · Economics

Which activity is generally excluded from official GDP calculation?

Class 12 · Economics

Why is the imputed rent of an owner-occupied house added to GDP?

Class 12 · Economics

If GDP₍MP₎ = 14,000, depreciation = 1,100, indirect taxes = 900, and subsidies = 300, what is NDP₍FC₎?

Class 12 · Economics

Which two main deductions are needed to derive NDP at factor cost (NDP₍FC₎) from GDP at market price (GDP₍MP₎)?

Class 12 · Economics

What is the most correct reason for calling GDP a gross measure?

Class 12 · Economics

If an economy has C = 7000, I = 2500, G = 1800, X = 1200 and M = 1600, what is GDP?

Class 12 · Economics

If Nominal GDP = 18000 and GDP Deflator = 120, what is Real GDP?