EBK INTERMEDIATE MICROECONOMICS AND ITS
EBK INTERMEDIATE MICROECONOMICS AND ITS
12th Edition
ISBN: 9781305176386
Author: Snyder
Publisher: YUZU
Question
Book Icon
Chapter 2.1, Problem 2TTA
To determine

To explain whether the HDI ranking and HPI ranking make any sense and to indicate the reliability of indicators of the well-being.

Blurred answer
Students have asked these similar questions
How many times greater was the GDP in 2004 than in 1950? By how many times did the GPI increase between 1950 and 2004? What does this comparison tell you?
Please explain correctly. Economics According to the 2016 Human Development Report (see pp. 198-201), Pakistan fares more poorly in the HDI ranking (148) than in the GNI per capita (PPP US$) ranking (138). Argentina fares better in the HDI ranking (45) than GDP per capita (57). Are these results surprising? How would you explain the discrepancy in the rankings?
Given what you already know about Economics and based on your own informed opinion, which of the various measures of economic growth (e.g. GDP, GNP, real GDP, etc.) do you think is the most useful for understanding the macroeconomic “health” of a country and why?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Micro Economics For Today
Economics
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Cengage,
Text book image
Survey Of Economics
Economics
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Cengage,
Text book image
Economics For Today
Economics
ISBN:9781337613040
Author:Tucker
Publisher:Cengage Learning
Text book image
MACROECONOMICS FOR TODAY
Economics
ISBN:9781337613057
Author:Tucker
Publisher:CENGAGE L