GDP at factor cost exceeds GDP at market price

Related MCQs

• GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ……………….
• If GDP exceeds GNP the possible reasons could be
• If in 2000 nominal GDP is = `70000 Crore and the prices in 2000 were 40% more than the real GDP in 2000 using 1996 as a base year is
• If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent
• Given Real GDP of 6.5% and rate of inflation of 5.5% nominal GDP will be…….
• Given Real GDP 8.25%, Nominal GDP 11.25%, Rate of inflation will be
• The output and cost pattern of a product are given below Output (q) 0 1 2 3 4 5 Total in `Cost (Tc) 35 42 53 08 75 88 From the above details what is the fixed cost or sunk cost
• If the price elasticity of demand for wine is estimated to be -.6, then a 20% increase in price of wine will lead to ………………….in quantity demanded of wine at that price
• If the price elasticity of demand of Chicken is +.95. then a 20% increase in price of chicken will lead to in quantity demanded of chicken at that price
• Tea and Coffee are perfect substitute of each other, given the price of Tea and Coffee being `100 and `200 per Kg. a consumer is prepared to buy 3 Kg. of each. If the price of tea remain same and the price of Coffee rises to `400 per kg. the demand for Tea goes to 6 Kg. and that of Coffee falls to 1Kg. The elasticity of substitution between Tea and Coffee is