Question

an indicator of income of the contry is_______​

Answer 1

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ɢᴅᴘ ʀᴇғᴇʀs ᴛᴏ ᴛʜᴇ ᴛᴏᴛᴀʟ ᴠᴀʟᴜᴇ ᴏғ ɢᴏᴏᴅ ᴀɴᴅ sᴇʀᴠɪᴄᴇs ᴘʀᴏᴅᴜᴄᴇᴅ ᴡɪᴛʜɪɴ ᴀ ᴄᴏᴜɴᴛʀʏ ɪɴᴄᴏᴍᴇ ᴇᴀʀɴᴇᴅ ᴡɪᴛʜɪɴ ᴛʜᴇ ʙᴏᴜɴᴅᴀʀɪᴇs ᴏғ ᴀ ᴄᴏᴜɴᴛʀʏ. ᴛʜᴇ ɢᴅᴘ ᴘᴇʀ ᴄᴀᴘɪᴛᴀ ᴘʀɪᴍᴀʀɪʟʏ ɪɴᴅɪᴄᴀᴛᴇs ᴛʜᴇ sᴛᴀɴᴅᴀʀᴅ ᴏғ ʟɪᴠɪɴɢ ᴏғ ᴛʜᴇ ᴘᴇᴏᴘʟᴇ ᴏғ ᴀ ᴄᴏᴜɴᴛʀʏ, ᴀɴᴅ ᴛʜᴜs, ɪs ᴀ ʜᴇʟᴘғᴜʟ ɪɴᴅɪᴄᴀᴛᴏʀ ғᴏʀ ᴍᴇᴀsᴜʀɪɴɢ ᴛʜᴇ ʜᴜᴍᴀɴ ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ.

Answer 2

Hey !!

Here is your answer dear

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1. GDP refers to the total value of good and services produced within a country income earned within the boundaries of a country. The GDP per capita primarily indicates the standard of living of the people of a country, and thus, is a helpful indicator for measuring the human development.

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