Explain the human development index, Microeconomics

Assignment Help:

Explain the Human Development Index

Introduced by the UN in 1990, the index take into account not only the goods and services formed but also the ability of a population to use these and the time they have to enjoy them. It is a composite index based on real GDP per capita (PPP), life expectancy at birth and educational achievement that calculates socio-economic development.

Related Discussions:- Explain the human development index

Financing Corportation, You are the CFO for Carnival Corportaion and your b...

You are the CFO for Carnival Corportaion and your boss, the CEO informs you that he wants to add three new cruise ships to the company''s inventory. Each ship will cost $500 millio

Price elasticity of demand, Elasticity of Demand Price elasticity of de...

Elasticity of Demand Price elasticity of demand measures percentage change in quantity demanded which results from a 1 % change in price. Price Elasticity

Inelastic, "price makers" never want to produce in the inelastic part of th...

"price makers" never want to produce in the inelastic part of their demand curve why

Help, In a competitive market, the market demand is Qd = 150 - 5P and the m...

In a competitive market, the market demand is Qd = 150 - 5P and the market supply is Qs = 5P - 10. As a result of a price ceiling imposed at $14, the new consumer surplus and produ

Price and output determination, Ask question #Minimum sources of monopoly10...

Ask question #Minimum sources of monopoly100 words accepted#

Cost function, Example of a cost function

Example of a cost function

Find the total cost and marginal cost function, Question : (a) Suppose...

Question : (a) Suppose Firm A is a perfectly competitive firm producing good X and faces the following average revenue and average cost Average Revenue: P = 10 Average Co

Herfendahl index, #qu3. An industry is composed of 20 firms, all with equal...

#qu3. An industry is composed of 20 firms, all with equal sales. The Herfendahl Index ratio in this industry is a. 1000 b. 500 c. 800 d. This cannot be determined from the informat

Calculate real gdp using the chained-dollar method, Why in 1996 did the BEA...

Why in 1996 did the BEA switch to calculate real GDP using the "chained-dollar method" from the "constant-dollar method"? The BEA made the switch from the constant-dollar metho

Types of taxes, Taxes: Compulsory government levies collected to pay for pu...

Taxes: Compulsory government levies collected to pay for public spending. There are numerous types of taxes (corporate, income, wealth, sales, environmentaland payroll taxes); each

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages