Question

IM DOING CANADA

3. In early 2022, the GDP per capita of the United States was $59,312. How does this
compare with your selected country? What does it tell you about standard of living
in your selected country versus the United States? Respond to these questions
using at least three to five sentences.
4. Examine the information you have researched. Decide whether you recommend
this country for your family's new home. Write down the reasons you do or do not
recommend it.
5. Save your worksheet in one file to turn in. Use the name
"Country Recommendation your name" for your file to turn in.

Answer 1

GDP is determined by the average income

Step-by-step explanation:

Answer GDP is determined by the average income

earned per person in a given area in a specified year. The Jamaica GDP per capita is around 4800.00 USD. Hence, the standard of living in Jamaica is very low when compared.

What is the effect of low GDP?

When GDP slows down, the effects are as

follows:

1. lead to fears of a recession

2. layoffs and unemployment 3. declining business revenues and

4. consumer spending.

The GDP is a means to determine the economic growth and where is challenging.

Therefore, the standard of living of Jamaica when compared to America is very low and this means that, Jamaica will be experiencing poor healthcare, unemployment, and even poverty.