The higher a country's gross domestic product (gdp), the more likely it is that the country

Asked by maham237 @ 28/11/2020 in History viewed by 293 People

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The higher a country's gross domestic product (GDP), the more likely it is that the country
is wealthy
is developed
has high inflation.
has little debt.

Answered by maham237 @ 28/11/2020

Answer:

The higher a country's gross domestic product (GDP), the more likely it is that the country is developed.

Explanation:

Gross Domestic Product (GDP) is the total value of final goods and services produced during a year in a given territory. Gross domestic product, and in particular the derived GDP per capita, are among the most widely used economic indicators.

GDP, therefore, works as a macroeconomic indicator that encompasses all that produced by a country, with which, it puts in numbers and statistics the productive and economic capacity of each nation throughout a year. Thus, the higher the GDP of a country, the greater its economic capacity, and therefore, the greater the probability that it is a developed country.

Even so, this assumption must be expanded with the GDP per capita, which shows the average total production that each inhabitant produces per year. Thus, countries with a high GDP like China are less developed than countries with a lower GDP, such as Qatar, which have a higher GDP per capita.

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ 13/09/2022 in History viewed by 1723 persons

The higher a country's gross domestic product (gdp), the more likely it is that the country

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