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25 February, 09:06

6

7

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.

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Answers (2)
  1. 25 February, 09:35
    0
    B. is developed
  2. 25 February, 10:29
    0
    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.
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