Which of the following is happening when the GDP is neither rising nor falling?

Social Studies

1 answer:

ioda3 years ago

8 0

Answer:

The correct answer would be option C, Stagnation.

Explanation:

Stagnation is happening when the GDP is neither rising nor falling.

GDP stands for the Gross Domestic Product. It is the final value of all the goods and services that are produced within the boundaries of a country.

So when there is no increase or decrease in the gross domestic product of a country, the country is said to be in stagnant position.

Stagnation is basically a state of being stopped, frozen, not flowing, not moving, etc.

When GDP is stagnant, there will be no increase or decrease in the value of the goods or services produced by the country, inflows and outflows of the country will remain same and the country will be in the balanced position of neither on a good side nor on the bad one.

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