ECONOMICS
ECONOMIC GROWTH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nominal GDP
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Life expectancy
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Real GDP per capita
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GNP
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Literacy rates
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Detailed explanation-1: -The Human Development Index (HDI) measures each country’s social and economic development by focusing on the following four factors: mean years of schooling, expected years of schooling, life expectancy at birth, and gross national income (GNI) per capita.
Detailed explanation-2: -Human Development Index Indicators. The Human Development Index (HDI) is a comparative measure of life expectancy, literacy, education, standards of living, and quality of life for countries worldwide.
Detailed explanation-3: -The HDI considers three indicators of human development, namely, life expectancy, education, and per capita income.
Detailed explanation-4: -The Human Development Index (HDI) is a composite index of three social indicators: life expectancy, adult literacy and years of schooling. It also takes into account real GDP per capita.
Detailed explanation-5: -There are three components of HDI based on which it is evaluated: Education. Life Expectancy. Per Capita Income.