Y11 Economics - C32 Living Standards

What is the main indicator of living standards mentioned in the text?

• Gender Inequality Index (GII)

• Genuine Progress Indicator (GPI)

• Human Development Index (HDI)

• Real Gross Domestic Product (GDP) per head

Which of the following is NOT an indicator of living standards?

• Number of schools in a country

• Number of cars owned

• Average food intake per person

• Number of patients per doctor

What does Purchasing Power Parity (PPP) measure?

• The average income of a country

• The ratio of price of a basket of products in different countries

• The total GDP of a country

• The level of education in a country

Which composite indicator considers income, education, and life expectancy?

• Happy Life Expectancy Index (HLEI)

• Human Development Index (HDI)

• Gross National Happiness

• Genuine Progress Indicator (GPI)

What is a disadvantage of using real GDP per head as an indicator?

• It only considers environmental factors

• It is difficult to measure

• It may not reflect income distribution

• It does not consider population size

Which of the following is a measure of gender inequality?

• Human Development Index (HDI)

• Genuine Progress Indicator (GPI)

• Gender Inequality Index (GII)

• Purchasing Power Parity (PPP)

What does the Genuine Progress Indicator (GPI) adjust for?

• Population size

• Income distribution

• Environmental conditions

• Health care access

Which of the following factors does NOT influence living standards?

• Income levels

• Number of sports teams

• Pollution levels

• Working conditions

What is the purpose of the Happy Life Expectancy Index (HLEI)?

• To measure economic growth

• To assess happiness and longevity

• To evaluate education levels

• To compare GDP across countries

How is income inequality typically measured?

• By evaluating health care access

• By comparing GDP per head

• By assessing the percentage of income earned by different populations

• By calculating the average income of a country