Country a Has a Higher GDP Than Country B

question 77

Multiple Choice

Country A has a higher GDP than country B.What does this mean?

• A) It means that on a per-capita basis the residents of country A are relatively better off (in terms of the goods and services they have available to them)than the residents of country B.
• B) It means that on a per-capita basis the residents of country A are richer than the residents of country B.
• C) It means that more goods and services were produced in country A than country B.
• D) It means that the total market value of the final goods and services produced in country A is greater than the total market value of the final goods and services produced in country B.
• E) a and d

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Definitions:

Circular

Pertaining to or shaped like a circle.

Diameter

A straight line passing from side to side through the center of a body or figure, especially a circle or sphere, and representing its widest part.

Pictorial Sketches

Drawings that represent three-dimensional objects on a two-dimensional surface, providing a realistic view and helping in visualizing the object.

Perspective

A technique in drawing or painting to represent three-dimensional objects on a two-dimensional surface, depicting depth and position relative to each other.