Question
 Which of the following statements is/are correct?
1. GDP can both underestimate as well as overestimate the actual welfare of the economy. 2. The standard of living is all elements that affect people’s happiness, whether these elements are bought and sold in the market or not. 3. GNP can be the main item for the welfare of the economy Select the correct answer using the code given below:Solution
If we take GDP as a measure of the welfare of the economy we shall be overestimating or understating the actual welfare. GDP does not capture leisure, health, a cleaner environment, the possibilities created by new technology, or an increase in variety.
The maximum number of binary trees that can be formed with three unlabeled nodes is:
In a Token Ring network, what happens when a computer wants to transmit data?
Which data processing technique is commonly used for handling large-scale data in distributed computing environments?
What is a resource in the context of deadlocks?
Which of the following statements is true regarding the class NP?
Divide and conquer partition a problem into independent smaller sub problems, whereas dynamic programming partition a problem into overlapping sub-probl...
A control unit in a CPU uses a microprogram to:
Which type of data refers to information that is generated by users while interacting with digital systems, such as web clicks and social media interac...
What is a smart contract in the context of blockchain technology?
The SI unit for measuring mass is:
