4.2.6.5 indicators of development, including HDI). NOTES

What does economic growth refer to?

• Increase in the quantity of goods and services produced

• Decrease in GDP

• Improvements in quality of life

• Increase in poverty levels

Which index is commonly used to measure economic development?

• Gross National Product (GNP)

• Consumer Price Index (CPI)

• Human Development Index (HDI)

• Gross Domestic Product (GDP)

What does the Human Development Index (HDI) measure?

• Health, education, and standard of living

• Technological innovation

• Gender inequality

• Poverty levels

Which of the following is NOT a reason for economic growth?

• Aging population

• Increases in productivity

• Capital investment

• Technological innovation

What does the Gender Inequality Index (GII) measure?

• Capital investment disparities

• Gender-based inequality in health, empowerment, and economic activity

• Economic activity based on gender

• Standard of living

How is the Gross Domestic Product (GDP) primarily measured?

• By summing the total expenditure of the economy

• By calculating total population growth

• By assessing the total number of employed individuals

• By measuring changes in weather patterns

What does the Gini Coefficient measure?

• Technological advancements

• Income or wealth distribution inequality within a nation

• Overall economic growth

• Healthcare quality

Which factor does not directly contribute to Human Development Index (HDI)?

• Per capita income

• Life expectancy at birth

• Number of natural resources

• Mean years of schooling

Which of the following best describes the role of foreign direct investment (FDI) in economic development?

• Decreasing the national debt

• Increasing the export of goods

• Stimulating job creation and technology transfer

• Reducing the number of small businesses

Which metric is used to evaluate the efficiency of a country's labor market?

• Consumer Price Index (CPI)

• Unemployment rate

• Gross Domestic Product (GDP)

• Human Development Index (HDI)