Which of the following must be true if a country's GDP decreases this year as compared...
Which of the following must be true if a country's GDP decreases this year as compared to last year?
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A.The country's stock market is relatively even |
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B.The country provided more services and produced less goods |
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C.The country exported more goods than it imported |
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D.The country produced less goods and services this year than last year |
Homework Answers
D. The country produced less goods and services this year than last year.
GDP refers to the market value of all the final goods and services produced in a country within a year. So if the country produces less in a particular year compared to another year then we say that the GDP of the country has reduced relative to that another year.
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