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Class 12 · Economics · Easy

Because depreciation is included in GDP, what type of measure is GDP called?

Class 12 · Economics · Easy

Why is an unemployment allowance given by the government not included in GDP?

Class 12 · Economics · Medium

Government final consumption expenditure is included in which method of GDP calculation?

Class 12 · Economics · Medium

What does inventory investment mean in GDP?

Class 12 · Economics · Easy

If exports are ₹900 crore and imports are ₹1,200 crore, what will be net exports?

Class 12 · Economics · Medium

Why are imports subtracted in the expenditure method of GDP?

Class 12 · Economics · Medium

Why can self-consumed farm output be included in GDP?

Class 12 · Economics · Medium

Why is factor income earned abroad by an Indian citizen not included in GDP?

Class 12 · Economics · Easy

How is production by a foreign company within domestic territory treated in GDP?

Class 12 · Economics · Medium

Why can a broker's commission on the sale of an old good be included in GDP?

Class 12 · Economics · Medium

Why is the full resale value of an old house not added to GDP?

Class 12 · Economics · Easy

Which component is included in the income method of GDP?

Class 12 · Economics · Medium

If C = 2000, I = 800, G = 600, X = 500, and M = 300 crore, what will GDP be by the expenditure method?

Class 12 · Economics · Easy

What are the main components in the expenditure method of GDP?

Class 12 · Economics · Medium

If nominal GDP rises but real GDP remains constant, what is the most appropriate conclusion?

Class 12 · Economics · Easy

What is the main purpose of measuring GDP at constant prices?

Class 12 · Economics · Easy

What type of GDP is obtained by measuring GDP at current prices?

Class 12 · Economics · Easy

What is done to convert GDP at factor cost (GDP_FC) into GDP at market price (GDP_MP)?

Class 12 · Economics · Easy

If GDP_MP = 4200 crore and depreciation is 350 crore, what will be NDP_MP?

Class 12 · Economics · Medium

What is done to derive NDP at market price (NDP_MP) from GDP at market price (GDP_MP)?