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elena55 [62]
3 years ago
5

GDP (gross domestic product) is supposed to indicate economic health because it is supposed to rise whenA)inflation is low.B)pri

ces are falling.C)wealth is being created.D)unemployment levels are falling.
Social Studies
1 answer:
bixtya [17]3 years ago
5 0

GDP (gross domestic product) is supposed to indicate economic health because it is supposed to rise when wealth is being created.

Option: C

Explanation:

Gross domestic production and Gross national product both are important from economic growth point of view. Economic health of a country is determined by the status of demand, supply and moreover price structure. All these phenomena is interlinked and affect GDP and GNP.

If a country's gross domestic production rate increases then its national income level will also increase. Therefore. a country's wealth is the very basic base of creation of perfectly structured GDP and GNP. Strong wealthy nation comprises firm production level.

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Answer:

Answer is B.

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Answer:

A legal process

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Choosing between spending money on a new suit or a vacation is an example of ___.
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Choosing between spending money on a new suit or a vacation is an example of <u>Social Security</u>.

No matter how much or how little you spend, purchasing a suit is a significant investment because it will be among your most valuable possessions. A decent suit allows you access. It offers chances that would not be available otherwise.

Social security is the safety net that a society offers to individuals and families to ensure that they have access to health care and to assure financial stability, particularly in circumstances of old age, unemployment, illness, invalidity, work injuries, maternity, or the death of a primary earner.

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