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Class 12 · Economics · Medium

If subsidies exceed indirect taxes, what is the relation between GDP at market price and GDP at factor cost?

Class 12 · Economics · Easy

If GDP at market price is 5000 and net indirect taxes are 400, what is GDP at factor cost?

Class 12 · Economics · Medium

What adjustment is needed to derive GDP at factor cost from GDP at market price?

Class 12 · Economics · Medium

If a farmer grows wheat for family consumption and its proper valuation is possible, how is it treated in GDP?

Class 12 · Economics · Medium

Why is the resale value of an old machine generally not included in GDP?

Class 12 · Economics · Medium

If foreign companies increase production within a country's domestic territory, what will be the effect on GDP?

Class 12 · Economics · Medium

What is the most common mistake in GDP conversion?

Class 12 · Economics · Medium

Why are the three methods of GDP theoretically equal?

Class 12 · Economics · Medium

Why can imputed rent of an owner-occupied house be included in GDP?

Class 12 · Economics · Medium

How are paid services of domestic servants treated in GDP?

Class 12 · Economics · Medium

If total GDP rises but population rises faster, what may happen to per capita GDP?

Class 12 · Economics · Easy

If GDP is ₹30,000 crore and the population is 600 crore, what will be per capita GDP?

Class 12 · Economics · Medium

If nominal GDP is rising and real GDP is falling, what is the most correct conclusion?

Class 12 · Economics · Medium

If nominal GDP rises by 8% and the price level rises by 5%, what will be the approximate real GDP growth?

Class 12 · Economics · Medium

If the GDP deflator is 110, what is its general meaning?

Class 12 · Economics · Medium

If nominal GDP is ₹24,000 crore and real GDP is ₹20,000 crore, what will be the GDP deflator?

Class 12 · Economics · Medium

The difference between nominal GDP and real GDP is related mainly to what?

Class 12 · Economics · Medium

When can the estimated value of self-consumed agricultural output be included in GDP?

Class 12 · Economics · Medium

Why can a mechanic's paid inspection service during the sale of an old vehicle be included in GDP?

Class 12 · Economics · Medium

Why is the resale value of an old vehicle not counted in GDP?