Why is the Human Development Index thought to be a better measure of economic well- being than real GDP per person?
A) It includes only health and education measures, ignoring real GDP per person.
B) It includes health and education measures, as well as real GDP per person.
C) It includes leisure time and household production.
D) It includes a measure of resource depletion.
E) It ignores health, which is hard to measure.
Correct Answer:
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Q109: Q110: Q111: In comparing the United States and China Q112: Which of the following statements by politicians Q113: Potential GDP is Q115: Real GDP Q116: The four parts of the business cycle Q117: Business cycles are Q118: A common definition of recession is a Q119: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)the same as nominal GDP.
B)the
A)fluctuates around potential GDP.
B)fluctuates from year
A)predictable, with an expansion following
