Question

When GNP increases at a very high rate it _____ sustainable development

Answer 1

Answer:

GNP is the total market value of all final goods and services produced by a country in one year. It is a measure of economic activity, or how much is produced in a country. The more that a country produces per person , the more "developed" it is assumed to be.

Explanation:

Why is GNP not a good measure of development?

Because GNP measures the market value of final goods and services, it can only reflect the amount of money that society exchanges for commodities. As a result, many important activities which affect our standard of living are excluded from the calculation of GNP.