Question

One of the most significant problems facing governments with low GDP is that a low GDP often results in __________. A. lower-than-average infant mortality rates B. less available tax revenue C. increased economic growth D. lower unemployment rates

Answer 1

its B less available tax reveune

Answer 2

The answer to the question above is "B. less available tax revenue" based on the GDP calculation formula. The GDP calculation formula is stated as GDP = C + I + G + (Ex - Im) where C is consumers spending, i is investments, G is government spending, and (Ex - Im) is the difference between export and import. A low GDP means a low spending has occurred in the country which results in a decrease in tax revenue.