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exis [7]
3 years ago
9

Economists often use a country's gross domestic product (GDP) to examine and interpret the country's larger economy. Why is a co

untry's GDP a useful tool for this purpose?

Social Studies
1 answer:
Gwar [14]3 years ago
3 0

Answer:

The GDP measures the total value of all final goods and services produced in a particular nation in a given year

Explanation:

the GDP (Gross Domestic Product) is the most commonly used parameter when it comes to evaluating a nation's economy, as well as often being connected with the standard of living of the people in that particular nation. This parameter represents the total value of all final goods and services that have been produced by a particular nation in a given year. This gives a nice and relatively accurate representation of the economy of a nation, how strong it is, its development, does it progress, stagnates, or regresses.

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Their is a personal pronoun that means belonging to or associated with the people or things previously mentioned or easily identified. Therefore the suits belongs to the contestants, there is more than one contestant, we don't know if they are male or female and 'it' refers to objects not people so the correct pronoun is their.

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