What is the Human Development Index?
What will be an ideal response?
The Human Development Index, or HDI, has been developed by the United Nations. The HDI attempts to measure the well-being of people in a given country. This index takes into account the country's material well-being by looking at real GDP per person and also considers other key factors, such as life expectancy, health, and education levels.
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The figure above shows that in 1996, unemployment was equal to about ________ and the inflation rate was equal to about ________
A) 7.0 percent; 3.0 percent B) 3.0 percent; 5.5 percent C) 5.5 percent; 3.0 percent D) 6.0 percent; 4.0 percent
When the dollar depreciates, this shifts the AD curve rightward and the SRAS curve leftward, leading to a higher price level
Indicate whether the statement is true or false