Measuring Economic Development
7 Questions
| Total Attempts: 641
Chapter 15- Economics Course Companion (Oxford)
Questions and Answers
- 1.What is economic development?
- A.
The progress of the economy
- B.
Improvement in welfare
- 2.What variables are taken into account when calculating HDI?
- A.
Long & healthy life
- B.
Improved education
- C.
Decent standard of living
- 3.How can a "long and healthy life" be measured?
- A.
Life expectancy
- B.
GDP per capita
- C.
Adult literacy rate
- 4.What is the difference between GDI and HDI?
- 5.How is GEM measured?
- A.
The higher the index, the higher the level of empowerment
- B.
The higher the index, the lower the level of empowerment
- 6.What indicators are used to measure HPI?
- A.
Same as HDI
- B.
Sanitation facilities only
- C.
GDP per capita only
- D.
School enrollment rates only
- 7.What does GPI help to indicate?
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