What's the relationship between the level of Gross Domestic Product and economic well-being?

Hi, LaVernP!

Have you tried the following searches?

I'm sure that if you read and study information on the sites that you find, that you'll be able to come up the answer.

Gross Domestic Product and Economic Well-Being - Google Search

Relationship Between Gross Domestic Product and Economic Well-Being - Google Search

Thanks!

The higher the GDP of a country the higher their well being, or "standard of living"

GDP = consumption + gross investment + government spending + (exports − imports)

the more productive a country the wealthier the citizens