A country’s GDP is the total dollar value of all final goods and services produced within a country’s borders in a given year. I

Question

Colt1911 [192]

4 years ago

14

A country’s GDP is the total dollar value of all final goods and services produced within a country’s borders in a given year. I

t also determines how countries are classified. Which of the following is not a classification based on GDP?

Geography

2 answers:

Evgesh-ka [11] · Answer 1 · 2022-01-11T11:49:20+03:00

Evgesh-ka [11]4 years ago

5 0

Answer: Potentially Developing

Explanation:

marshall27 [118] · Answer 2 · 2022-01-11T09:20:48+03:00

The GDP calculation also accounts for spending on exports and imports. Thus, a country's GDP is a measure of consumer spending (C) plus business investment (I) and government spending (G) as well as its net exports, which is exports minus imports (X-M).Apr 24, 2017