Brand Logo
LoginDownload App
Search
Brand Logo

Edzy for Classes 6-12

Edzy is a personal AI tutor for CBSE and State Board students, with curriculum-aligned guidance, practice, revision, and study plans that adapt to each learner.

  • Email: always@edzy.ai
  • Phone: +91 96256 68472
  • WhatsApp: +91 96256 68472
  • Address: Sector 63, Gurgaon, Haryana

Follow Edzy

Browse by Class

  • CBSE Class 6
  • CBSE Class 7
  • CBSE Class 8
  • CBSE Class 9
  • CBSE Class 10
  • CBSE Class 11
  • CBSE Class 12
Explore the CBSE resource hub

Explore Edzy

  • Study Resources
  • Free Study Tools
  • Best Apps for Board Exams
  • Edzy vs ChatGPT
  • About Us
  • Why We Built Edzy
  • Blog
  • CBSE AI Tutor

Support & Legal

  • Help & FAQs
  • Accessibility
  • Privacy Policy
  • Terms & Conditions
  • Refund Policy
  • Cookie Policy
  • Site Directory

© 2026 Edzy. All rights reserved.

Curriculum-aligned learning paths for students in Classes 6-12.

NI
Question Practice

To simplify, how could GDP be considered a limited measure of success?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
National Income Accounting
Question Bank

To simplify, how could GDP be ...

Single Answer MCQ
Q-00106753

To simplify, how could GDP be considered a limited measure of success?

1

It only counts commercial transactions.

2

It reflects total production in physical terms.

3

It does not account for happiness or life satisfaction.

4

It focuses primarily on short-term gains.

Previous QuestionNext Question

Video Explanation

Answer

Solution:

Watch Video Solution

Login to get access

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What does GDP stand for?

Single Answer MCQ
View explanation
Q2.

Which of the following is NOT included in GDP calculation using the expenditure method?

Single Answer MCQ
View explanation
Q3.

In the expenditure method, which component represents expenditures by households?

Single Answer MCQ
View explanation
Q4.

What is the formula for GDP using the expenditure method?

Single Answer MCQ
View explanation