Multiple Choice
In a market economy, how are nonprofit organizations typically supported?
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0. Basic Principles of Economics
Introduction to Economics
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following is one of the three measures used to determine the Human Development Index (HDI) of a country?
A
Trade balance
B
Life expectancy at birth
C
Population growth rate
D
Inflation rate
Verified step by step guidance1
Understand that the Human Development Index (HDI) is a composite index used to measure a country's overall achievement in its social and economic dimensions.
Recall that the HDI is based on three key dimensions: health, education, and standard of living.
Identify the health dimension, which is measured by 'Life expectancy at birth'—this reflects the ability to live a long and healthy life.
Recognize that 'Trade balance', 'Population growth rate', and 'Inflation rate' are economic indicators but are not part of the HDI calculation.
Conclude that among the options given, 'Life expectancy at birth' is one of the three measures used to determine the HDI.
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