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When other factors such as health and illiteracy rates are added to global comparisons of GDP and population, which of the following is likely to be revealed?

A. rough comparisons between regions as data are not available
B. very wide differences in the standard of living
C. 2% of the world's GDP comes from agriculture in low-income countries
D. the similarity in the low degree of urbanization

1 Answer

5 votes

Answer:

The answer is B. very wide differences in the standard of living

Step-by-step explanation:

Economists use Gross Domestic Product (GDP) which is the final value of all goods and services produced within a country during a given period of time, usually a year as the ultimate yardstick for measuring and ranking countries' wealth, standard of living and/or illiteracy level.

And GDP per capita measures a country's economic output per person. It is by dividing the GDP of a country by its total population. Countries with the highest value are known to have a high standard of living, better health care and high literacy level and vice-versa.

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