asked 211k views
4 votes
What is a country that wants to increase its gross domestic product trying to

achieve?
A. It wants to increase the value of goods and services it produces.
B. It wants to prevent its currency from gaining or losing value too
quickly.
C. It wants to reduce the number of people who can't find a job.
D. It wants to increase its economic productivity per person in the
country

2 Answers

3 votes

Answer:

it wants to increase the value of good and services it produces

Step-by-step explanation:

0 votes

Answer:

A. It wants to increase the value of goods and services it produces.

Step-by-step explanation:

GDP is the total value of all commodities and services produced within the country over a given period. Only finished consumer goods are considered when calculating GDP. The GDP value communicates the state of a country's economy. An increase in GDP reflects growth, while a decrease suggests a recession.

When a country wants to increase the GDP value, it is thinking of increasing the value of all commodities and services produced within its boundaries. Increasing GDP is similar to expanding the economy.

answered
User Ondino
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories