What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)

Question

What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)

Responses

how much purchasing power the average citizen has

how long its people can expect to live on average

how high a quality of life its people enjoy

how many goods and services it produces in a year

Answer 1

The conclusion that can be drawn about a country on the basis of its gross domestic product (GDP) is how high a quality of life its people enjoy. A higher GDP generally indicates a higher standard of living, better access to goods and services, and potentially greater overall well-being for citizens.