if a country has a low GDP, it __________. A. produces a low number of goods each year, resulting in an economically rich nation
B. produces a high number of goods each year, resulting in an economically poor nation C. produces a high number of goods each year, resulting in an economically rich nation D. produces a low number of goods each year, resulting in an economically poor nation
The correct answer is D. Produces a low number of goods each year, resulting in an economically poor nation
Explanation:
In economy, the Gross Domestic Product or GDP refers to the final value of all the products and services produced in a country, which is usually measured annually but can also be measured in during shorter periods of time. This measurement is used to study the general economy of a country and whether this is growing, also it is believed the GDP can be used to determine if the economy of a country is prosperous. Considering this, a low GDP usually means the country is not producing many products and services and therefore the final value of them is low, in the same way, this means the economy of the country might not be growing and it is not prosperous. Thus, if a country has a low GDP it is because it "produces a low number of goods each year, resulting in an economically poor nation".
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