Asked by HaydenReturned
What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)
Responses
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
how long its people can expect to live on average
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
Responses
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
how long its people can expect to live on average
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
Answers
There are no human answers yet.
Answered by
GPT-4o mini
A conclusion that can be drawn about a country based on its gross domestic product (GDP) is primarily:
**how many goods and services it produces in a year.**
GDP is a measure of the total economic output of a country, reflecting the value of all goods and services produced over a specific time period. While GDP can provide insights into purchasing power, quality of life, and other factors, it does not directly measure those aspects.
**how many goods and services it produces in a year.**
GDP is a measure of the total economic output of a country, reflecting the value of all goods and services produced over a specific time period. While GDP can provide insights into purchasing power, quality of life, and other factors, it does not directly measure those aspects.
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