Asked by
Layla DuBose
on Nov 30, 2024Verified
We devote a larger portion of our GDP to transportation than most developed countries because of
A) the high price of gasoline.
B) the inadequate rail transportation.
C) size of the country.
D) lack of roads and parking lots.Productivity and real GDP are inversely relateD.
GDP
Gross Domestic Product, a measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.
Transportation
The movement of people, animals, goods, and materials from one location to another through various means, such as vehicles, trains, ships, and airplanes.
Developed Countries
Nations with advanced economic systems, higher standards of living, and stable governments.
- Comprehend the obstacles and determinants that have impacted the economic expansion and efficiency of the U.S. since the 1970s.
Verified Answer
AK
Learning Objectives
- Comprehend the obstacles and determinants that have impacted the economic expansion and efficiency of the U.S. since the 1970s.