To overcome the shortcomings and limitations of the GDP the United Nations is using the Human Development
Fantastic news! We've Found the answer you've been seeking!
Question:
To overcome the shortcomings and limitations of the GDP the United Nations is using the Human Development Index, which is:
A 70/GDP growth rate
B (Real GDP in current year – Real GDP in previous year)/ Real GDP in previous year x 100
C An aggregate indicator that includes life expectancy, knowledge and GDP/capita
D A comprehensive Measure of Economic Welfare
Expert Answer:
Answer rating: 100% (QA)
Correct answer D A comprehensive Measure of Economic ... View the full answer
Posted Date:
Students also viewed these economics questions
-
The United Nations Human Development Index (HDI) is based on real GDP per person, life expectancy at birth, and indicators of the quality and quantity of education. a. Explain why the HDI might be...
-
The United Nations Development Programme (UNDP) uses the Human Development Index (HDI) in an attempt to summarize in one number the progress in health, education, and economics of a country. In 2012,...
-
In what sense is real GDP per capita a measure of the standard of living?
-
General Ledger Accounts Account: Cash Date Description Opening Balance Account: Date Petty Cash Description Opening Balance Account: Date Accounts Receivable Description Opening Balance Account: Date...
-
The mean and standard deviation of a sample may change if data are rescaled (for instance, temperature changed from Fahrenheit to Celsius). For a sample with mean, adding a constant c to each...
-
The United States has the strictest product liability laws in the world today. Why do you think many other countries, particularly developing countries, are more lax with respect to holding...
-
In 2019, Italia Mining Corporation had sales of \($69\) million, total assets of \($45\) million, and total liabilities of \($23\) million. The interest rate on the debt is 6.5 percent, and its tax...
-
Moms Bakery makes a variety of baked goods for distribution to grocery stores in the area. The company uses a standard manufacturing process for all items except special-order birthday cakes. It...
-
(a) (b) In a liberalised economy, market forces of demand and supply dictate the interest rates and exchange rates in the market. With reference to the above statement, analyse two justifications why...
-
Comparative financial statement data of Stow Optical Mart follow: Other information: 1. Market price of Stow Optical Mart common stock: $122.91 at December 31, 2018, and $165.75 at December 31, 2017...
-
An interesting paradox called the "Paradox of Thrift" arises when households become concern about their future and attempt to increase their saving. As a consequence of such action the overall...
-
5. Suppose there are 4 assets whose returns have pairwise correlations that are all equal, Corr(ri, r;) = 1, i=j, \p, i j. Then the correlation matrix is given by with eigenvectors C = P P P P P P...
-
using bridges B1 and B2. Consider the figure below that shows an extended LAN connected A port 1 B B1 C 3 bridge 4 B2 w N D FL E Initially, the hash table in B1 is empty; the hash table in B2 has two...
-
Metropolitan Financial Corporation operates securities trading operations outside the United States through two foreign corporations that are classified as disregarded entities (or branches). For the...
-
1. Prepare vertical common-size income statements and balance sheets for both companies 2. Prepare horizontal analysis on income statements and balance sheets for both companies 3. Ratio analyses 4....
-
For the following situations, determine which court would be recommended for solving each situation and why. 1. Your client has no current funds to pay the disputed amount 2. In addition to the...
-
Assume the data below represents Supply and Demand of local Fast Food Workers . Hourly Wage Quantity of Workers Demanded Quantity of Workers Supplied $7.25 750 150 $9.50 650 250 $11.75 550 350 $13.00...
-
Arlington Merchants reported the following on its income statement for the fiscal years ending December 31, 2016 and 2015. 2016 2015 Sales $4,857,500 $4,752,900 Cost of goods sold 3,258,950 3,207,000...
-
Aside from Calories, what else do you need to obtain through your diet? (a) a complete protein (b) a complete carbohydrate (c) vitamins and minerals (d) both a complete protein and vitamins and...
-
Trace the path of blood through the body, beginning with blood returning from the tissues to the heart. Be sure to name each of the chambers of the heart.
-
Which blood vessels are responsible for nutrient and waste exchange with tissues?
Study smarter with the SolutionInn App