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Class 12 · Economics · Medium

If the government pays unemployment allowance, how will it be treated in GDP?

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Class 12 · Economics · Medium

In which situation can nominal GDP rise while real GDP falls?

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Class 12 · Economics · Medium

If nominal GDP is 15000 and real GDP is 12000, what is the GDP deflator?

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Class 12 · Economics · Easy

In which example will the value of a service be included in GDP?

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Class 12 · Economics · Medium

If GDP at market price is 8400, indirect taxes are 900, and subsidies are 250, what is GDP at factor cost?

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Class 12 · Economics · Medium

If production within a country's domestic territory rises but most profits are remitted abroad by foreign companies, which statement about GDP is correct?

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Class 12 · Economics · Medium

If foreign tourists spend money on hotel services within a country's domestic territory, how is this activity included in GDP?

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Class 12 · Economics · Easy

Which option gives the most precise definition of GDP?

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Class 12 · Economics · Medium

If GDP at market price is 1500, indirect taxes are 210, and subsidies are 60, what is GDP at factor cost?

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Class 12 · Economics · Medium

In GDP, how will a software development company's newly provided service be classified when it is produced during the current year?

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Class 12 · Economics · Hard

If output rises but the price level falls, why can the effect on nominal GDP be ambiguous?

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Class 12 · Economics · Medium

Which option includes only expenditure components of GDP?

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Class 12 · Economics · Medium

If a teacher teaches in a government school, how is the value of the service included in GDP?

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Class 12 · Economics · Medium

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

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Class 12 · Economics · Medium

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

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Class 12 · Economics · Easy

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

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Class 12 · Economics · Medium

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

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Class 12 · Economics · Medium

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

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Class 12 · Economics · Easy

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

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Class 12 · Economics · Medium

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

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