What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)
Responses
how high a quality of life its people enjoy
how high a quality of life its people enjoy
how much purchasing power the average citizen has
how much purchasing power the average citizen has
how many goods and services it produces in a year
how many goods and services it produces in a year
how long its people can expect to live on average
1 answer
The conclusion that can be drawn about a country on the basis of its gross domestic product (GDP) is primarily related to how high a quality of life its people enjoy, how much purchasing power the average citizen has, and how many goods and services it produces in a year. While GDP can also be used as an indicator of overall economic health and development, it does not necessarily provide information on life expectancy.