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Class 11 · Economics

What does rising life expectancy and falling infant mortality along with GDP growth indicate?

Class 11 · Economics

If the government increases spending on education what is the likely long-term effect on welfare?

Class 11 · Economics

People in a village use clean air and water without payment. Why is their value generally not added to GDP?

Class 11 · Economics

How can underground economy activities affect the assessment of GDP and welfare?

Class 11 · Economics

A country's nominal GDP rose by 12% while prices rose by 8%. Approximately how much did real output rise?

Class 11 · Economics

If part of income shifts from poor households to rich households while total GDP remains unchanged, what may happen to social welfare?

Class 11 · Economics

A country reduced the working week while keeping output unchanged. What is the likely effect on welfare?

Class 11 · Economics

Which indicator should be considered with GDP for a broader assessment of welfare?

Class 11 · Economics

If the quantity of goods rises but their quality falls sharply, what problem arises in relating GDP to welfare?

Class 11 · Economics

Why does improved public transport raise welfare when it reduces both travel time and pollution?

Class 11 · Economics

What is the main difference between GDP and green GDP?

Class 11 · Economics

In which situation can per capita welfare fall despite an increase in real GDP?

Class 11 · Economics

If reconstruction spending after a natural disaster raises GDP, does it indicate an equal rise in welfare?

Class 12 · Economics

On what basis are free services of government hospitals measured in GDP?

Class 11 · Economics

Which type of production may raise GDP but reduce social welfare?

Class 11 · Economics

Why can average per capita income be misleading when income distribution is highly unequal?

Class 12 · Economics

GDP includes the paid service of a domestic worker but excludes the same service performed by a family member. Why?

Class 11 · Economics

If two countries have equal real per capita income but the first has a much higher crime rate, which is likely to have greater welfare?

Class 12 · Economics

Why is the value of free tree plantation by volunteers not added to GDP even though it improves the environment?

Class 11 · Economics

Which change can raise welfare without changing GDP?