Explain how the United Nations uses the Human Development Index ...

[tnt_battle]

Explain how the United Nations uses the Human Development Index (HDI) to better measure the standard of living around the globe.
 
  What will be an ideal response?

Question 2

When planned aggregate expenditure is larger than real GDP, actual inventories ________ planned inventories and real GDP ________.
 
  A) are more than; decreases
  B) are more than; increases
  C) are less than; increases
  D) are not related to; increases
  E) are less than; decreases

[Jevvish]

Answer to Question 1

Economists have long realized that the level of real GDP per person is not a total measure of a country's standard of living. The United Nations has constructed an index, referred to as HDI, that attempts to measure the well-being of people in a given country. This index takes into account the country's level of real GDP per person as well as also other key factors, such as life expectancy, health, and education levels.

Answer to Question 2

C

[tnt_battle]

TYSM

[Jossy]

Excellent