Which of the following statement(s) is/are correct?
Statement 1. The Gross Domestic Product (GDP) of a country fully reflects the quality of life of a country.
Statement 2. Housing availability , access to public transport, quality of air also determine the quality of life of a country.
Answer & explanation
Correct answer: option 2
The Gross Domestic Product (GDP) of a country does not fully reflect the quality of life of a country. There are other factors like housing, access to public transport, air, quality and access to drinking water which also determine the standard of living.