You are at a holiday dinner with your family. your relative makes the argument that the u. s. economy is resurgent and has recovered from the great recession of 2007 – 2009. economic growth, as measured by gdp, has been increasing from one quarter to the next. you beg to differ. how would you structure your argument with your relative? hint: you should think about two things, the accuracy of gdp measures, and whether gdp should be considered a comprehensive measure of a countries well-being.
i would go with
D. the measure of a country’s economic health and social conditions
When a country’s economy becomes more developed, the standard of living usually increases. The term underlined in the sentence above is best defined as . it would be D because when an economy becomes more developed depending on the health and the sociability and overall accountability it will continue to prosper and grow
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What is Sancho’s purpose for writing ?What is Sancho’s purpose for writing? Sancho’s purpose for ?What is Sancho’s purpose for writing?
1,is C atlas mountain/2 is A deforestation/3 is A,Major Ethnic Groups of North Africa/4 is B,F>W> de Clerk/5 is B,6 is A republics/7 is B,2/8 is B loss of tree's/9, is D,/10, is C/11, is D/12, is A/13, is A/14, is D/15, is A over polution.
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AN INCOMPLETE MEASURE OF A COUNTY'S STANDARD OF LIVING.
It is a measure of the total output of a country's goods and services within a specific period. However, it is limited in the measure of a country's welfare. For instance, unpaid household or domestic work are not reflected.
C. a measure of a country's total economic output
D) the percentage of people who are able to read and write as compared to those who cannot
A literate is someone who has the ability to read and write or someone who is knowledgeable in a specific field of study. Generally, a literate is regarded as an educated person. Examples a doctor is a literate likewise other professional like engineers, teachers , pilots etc are all regarded as a literate.
Literacy rate measures the percentage of people who can read and write as compared to those who cannot. Literacy rate is usually expressed in percentage which depicts the percentage of people in a group or country that have the ability to read and write. One might decides to take the literacy rate of a particular age group(15 - 30) in a nation . The literacy rate is the total number of people who are literate in that age group expressed as a percentage of the overall population in that age group.
D. The total dollar value of all the final goods and services produced within a country’s borders in a given year.
The correct option is option "4" which is
"the only way to measure living standards among different countries."
Though, it is not the only way but arelaible way.
Real GDP per Capita: Real GDP divided by Population. This is the "average" output of the economy per person measured in a base year prices. This ratio is often used as a measure of standard of living in comparisons over time of one country, or between different countries when measured in the same currency.
the level of comfort the average person in a country can reasonably afford