What indicates that a more equal distribution of income has been achieved?
A.
a faster rate of economic growth
B.
a higher Human Development Index
C.
a lower Gini coefficient
D.
a lower tax/GDP ratio
Exam No:9708_w24_qp_32 Year:2024 Question No:24
Answer:
C
Knowledge points:
11.3.1 classification of economies in terms of their level of development
11.3.3.1 monetary indicators including real per capita national income statistics (GDP, GNI, NNI) and purchasing power parity
11.3.3.2 issues of comparison using monetary indicators
11.3.3.3 non-monetary indicators
11.3.3.4.1 Human Development Index (HDI)
11.3.3.4.2 Measure of Economic Welfare (MEW)
11.3.3.4.3 Multidimensional Poverty Index (MPI)
11.3.3.5 the Kuznets curve
Solution:
Download APP for more features
1. Tons of answers.
2. Smarter Al tools enhance your learning journey.
IOS
Download
Download
Android
Download
Download
Google Play
Download
Download