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Country a has a higher gdp than country b. what does this mean? a. it means that

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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Renebebe1
Renebebe1
4,4(89 marks)
The answer to this question is E. A and D.
GDP is calculated by Consumption + Government spending + investment + capital expenditures.
The value of goods and services that produced will be considered as capital expenditures that added GDP, while income won't add GDP until it is used as consumption
kim95207
kim95207
4,6(80 marks)

D. Cash flow statement

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