6 Nov 2021
Problem 14
Page 780
Section: REVIEW QUESTIONS
Chapter 32: Macroeconomic Policy Around the World
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6 Nov 2021
Introduction
The sole basis for determining a person’s level of life is economics. Besides GDP, there are other methods, such as the Human Development Index, which is a compound statistic that calculates the index by taking healthcare, knowledge, and revenue into consideration. It is used by the United Nations Development Programme. The Pleasure with Life Index is a good measurement of joy. Gross National Happiness is a notion that originated in Bhutan. Life satisfaction is used to generate the Happiness Planet Index.
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