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Class 12 · Economics

If only the prices of final goods rise while quantities remain unchanged which aggregate rises under the expenditure method?

Class 12 · Economics

Why may purchasing power parity be useful instead of market exchange rates when comparing real GDP across countries?

Class 12 · Economics

If a country's nominal GDP rises in dollar terms but remains unchanged in domestic currency what may be the reason?

Class 12 · Economics

If productivity in a service rises but its regulated price remains unchanged what will measurement of real and nominal GDP depend on?

Class 12 · Economics

If a mobile phone's price rises by 10 percent but quality improves by 25 percent what error may occur without quality adjustment?

Class 12 · Economics

If a new smart device did not exist in the base year what is the relevant challenge in including its current output in real GDP?

Class 12 · Economics

Why may components of chain-weighted real GDP not always add exactly to the total?

Class 12 · Economics

What is the purpose of changing weights each year in a chain-weighted quantity index?

Class 12 · Economics

If real GDP falls by 7 percent and population falls by 2 percent, approximately what happens to real GDP per capita?

Class 12 · Economics

If real GDP rises by 4 percent and population rises by 6 percent, what is the closest change in real GDP per capita?

Class 12 · Economics

In year one, real GDP is ₹1,000 crore and population is 50 lakh. In year two, real GDP is ₹1,100 crore and population is 55 lakh. What happened to real GDP per capita?

Class 12 · Economics

If real GDP is ₹900 crore in year one and ₹1,080 crore in year two, what is the real growth rate?

Class 12 · Economics

What is the main risk of comparing nominal GDP across two years without adjusting for prices?

Class 11 · Economics

If reconstruction spending after a natural disaster raises nominal and real GDP, what does this increase not prove?

Class 12 · Economics

If pollution-causing production raises real GDP, what is the appropriate conclusion about economic welfare?

Class 11 · Economics

If a digital service has a zero market price but increases consumer utility, which limitation of GDP measurement appears?

Class 12 · Economics

If a farmer produces goods for family consumption and their imputed value is included in GDP, what is required for real measurement?

Class 12 · Economics

Why may a rise in the price of imported crude oil have a limited direct effect on the GDP deflator?

Class 12 · Economics

If prices of domestically produced machines rise sharply while consumer-goods prices remain stable, which index may be more affected?

Class 12 · Economics

Which of the following is a feature of the basket underlying the GDP deflator?