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Class 11 · Economics

A country's GDP rose by 10% and its population rose by 4%. What is the approximate change in per capita output?

Class 12 · Economics

If a country's total GDP is ₹6000 crore and its population is 3 crore, what is its per capita GDP?

Class 11 · Economics

Defence equipment production is included in GDP but why should welfare conclusions be drawn carefully?

Class 11 · Economics

Excessive exploitation of natural resources may raise current GDP. What may be its effect on future welfare?

Class 11 · Economics

GDP increased in a country but unemployment also rose. What does this imply?

Class 11 · Economics

If GDP rises only because prices increase which measure gives a better assessment of welfare?

Class 11 · Economics

If real GDP rises and income distribution becomes more equal what can generally be expected?

Class 11 · Economics

Which of the following is not an indicator of economic welfare?

Class 11 · Economics

An industry raises production but contaminates a nearby water source. What should be done while assessing net welfare?

Class 11 · Economics

Two countries have the same per capita GDP but one has better education and health services. Which country is likely to have higher welfare?

Class 11 · Economics

What problem arises because GDP mainly values goods and services with market prices?

Class 11 · Economics

In which situation is welfare most likely to rise along with GDP?

Class 11 · Economics

If road accidents increase expenditure on vehicle repairs and medical services what may GDP show?

Class 11 · Economics

A family earlier cooked food at home but now buys the same food from a restaurant. What may happen to GDP?

Class 11 · Economics

How does government provision of clean drinking water affect welfare?

Class 11 · Economics

Two countries have equal GDP but the first country has a smaller population. Which country will generally have higher per capita GDP?

Class 11 · Economics

What happens to per capita GDP if GDP grows more slowly than population?

Class 11 · Economics

Why is per capita GDP considered a better indicator of welfare?

Class 11 · Economics

If national output rises but leisure time falls sharply what may happen to welfare?

Class 11 · Economics

What may be the effect of increased output of a polluting industry on GDP and welfare?