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Class 12 · Economics
→In which situation can nominal GDP rise while real GDP falls?
Class 12 · Economics
→If nominal GDP is 15000 and real GDP is 12000, what is the GDP deflator?
Class 12 · Economics
→In which example will the value of a service be included in GDP?
Class 12 · Economics
→If GDP at market price is 8400, indirect taxes are 900, and subsidies are 250, what is GDP at factor cost?
Class 12 · Economics
→If production within a country's domestic territory rises but most profits are remitted abroad by foreign companies, which statement about GDP is correct?
Class 12 · Economics
→If foreign tourists spend money on hotel services within a country's domestic territory, how is this activity included in GDP?
Class 12 · Economics
→Which option gives the most precise definition of GDP?
Class 12 · Economics
→If GDP at market price is 1500, indirect taxes are 210, and subsidies are 60, what is GDP at factor cost?
Class 12 · Economics
→In GDP, how will a software development company's newly provided service be classified when it is produced during the current year?
Class 12 · Economics
→If output rises but the price level falls, why can the effect on nominal GDP be ambiguous?
Class 12 · Economics
→Which option includes only expenditure components of GDP?
Class 12 · Economics
→If a teacher teaches in a government school, how is the value of the service included in GDP?
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 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
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