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tara.harris.9 tara.harris.9
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A year ago
Why might we want to use the Human Development Index to compare standards of living between countries?

▸ Because other factors, such as schooling and life expectancy, might vary between countries even if they have the same GDP per capita.

▸ Because we need to adjust for purchasing power parity between countries.

▸ Because countries may have different currencies, so that we cannot compare GDP per capita.

▸ Because GDP per capita is inaccurate when there is income inequality in a country.
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Macroeconomics

Macroeconomics


Edition: 3rd
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durandaldurandal
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tara.harris.9 Author
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A year ago
Thanks for your help!!
gage
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Yesterday
Thank you, thank you, thank you!
ouasfoudgewu
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2 hours ago
This helped my grade so much Perfect
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