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Class 11 · Economics

In a country, output of a polluting industry rises and health expenditure also increases, causing GDP to rise. What does this situation show?

Class 11 · Economics

If real GDP rises but income distribution becomes highly unequal, what is the most appropriate conclusion about welfare?

Class 11 · Economics

If a country's real GDP rises but most of the growth comes from natural-resource depletion and longer working hours, what is the best welfare assessment?

Class 11 · Economics

Which policy outcome is most likely to raise long-term social welfare while GDP remains constant?

Class 11 · Economics

Which limitation appears when GDP excludes the value of free online knowledge content?

Class 11 · Economics

Why is purchasing power parity used in international comparisons of GDP per capita?

Class 11 · Economics

If domestic violence declines without any new market transaction what effect on GDP and welfare is possible?

Class 11 · Economics

Which type of growth is closest to inclusive welfare growth?

Class 11 · Economics

If a country's GDP rises but both life expectancy and literacy decline which statement is appropriate?

Class 11 · Economics

Why is the imputed value of housing services from owner-occupied homes included in GDP?

Class 11 · Economics

Two economies have equal real GDP per capita but the first has more public parks and cleaner air. What is a likely conclusion?

Class 11 · Economics

If workplace accidents rise sharply along with output growth which assessment of GDP and welfare is correct?

Class 11 · Economics

Sales of household pollution-control devices raise GDP. Why cannot this be treated as a pure welfare gain?

Class 11 · Economics

If GDP growth mainly comes from luxury goods while basic public services deteriorate what is the appropriate welfare conclusion?

Class 11 · Economics

In an economy both real GDP and population rise by five percent. What is the approximate effect on real GDP per capita?

Class 11 · Economics

If everyone feels safer but the improvement occurs without additional market production what will happen?

Class 11 · Economics

Why are imported final goods subtracted in GDP accounting and how does this relate to welfare?

Class 11 · Economics

Under which condition can growth in real GDP harm future welfare?

Class 11 · Economics

If real GDP per capita rises while the real income of the poorest group falls which conclusion is correct?

Class 11 · Economics

A digital service was previously free but is now sold through subscriptions. If usage remains unchanged what may happen?