raachmegan0 raachmegan0

27-11-2021
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It is possible, Perkins learned from his mentor Claudine, for the statistic of Gross Domestic Product (GNP) to be used to indicate a countries income, even if only one person in the country received that income. T or F

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Parrain Parrain

01-12-2021

The Gross Domestic Product can indeed indicate a country's income even if only one person received it. This is therefore TRUE.

The Gross Domestic Product (GDP):

Indicates the relative wealth of a nation
Has been criticized for not showing income inequality

The Gross Domestic Product does not take into account who actually has the income in question but rather that there is income. It is therefore a biased indicator of wealth.

In conclusion, this statement is true.

Find out more at https://brainly.com/question/17536387.

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