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iris [78.8K]
3 years ago
10

The gross domestic product is not a good measure of the standard of living in a nation because it:_______.

Social Studies
1 answer:
Natalija [7]3 years ago
5 0

Answer:

C) Does not account for the size of the population

Explanation:

The Gross Domestic Product (GDP) of a country is the sum total of the monetary and marker value of all goods and services produced within the country's borders in a specific period. It is broadly used to measure a country's economic health.

Gross domestic product per capita(GDP per capita) measures standard living and not Gross domestic product. GDP per capita considers population in its measurement of standard living.

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