Advertisements
Advertisements
प्रश्न
State the meanings of the following:
Externalities
Advertisements
उत्तर
Externalities refer to benefits (positive externalities)/harms (negative externalities) which are caused by one entity to another without being paid/penalised for it.
APPEARS IN
संबंधित प्रश्न
If the Real GDP is Rs400 and Nominal GDP is Rs450, calculate the Price Index (base = 100).
Write down some of the limitations of using GDP as an index of welfare of a country.
Answer the following question.
Gross Domestic Product (GDP) Does Not Give Us a Clear Indication of Economic Welfare of a Country. "Defend Or Refute the Given Statement with Valid Reason.
Do you agree with the given statement? Give valid reasons in support of your answer.
"Higher Gross Domestic Product (GDP) means greater per capita availability of goods in the economy."
Discuss briefly the concept of 'Externalities', with suitable example.
Which statement best describes the relationship between GDP and the welfare of a country?
Which of the following is a reason why GDP is not a perfect index of welfare?
Welfare depends not only on the size of GDP but also on what other factor?
If GDP rises but the additional income is concentrated in the hands of a few individuals or firms, what may happen to the majority?
What types of transactions does GDP include?
Why are domestic services performed by women at home excluded from GDP?
What is a barter exchange?
What are externalities?
What is the effect of negative externalities on the measurement of welfare by GDP?
What are positive externalities?
What is the effect of positive externalities on the measurement of welfare by GDP?
