Question

_, which can be approximated by the growth of gross domestic product, ultimately determines the prevailing standard of living in a country. A. Trade balance (T/F)

Answer 1

Answer:

D.) Economic growth

Explanation:

Economic growth , which can be approximated by the growth of gross domestic product, ultimately determines the prevailing standard of living in a country.

GDP of a country can be used to access a countries economic growth. If GDP increases, it means the economy has experienced growth.