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HDI stand for Human Develop Index and GDP for Gross Domestic Product
GDP is the market value of all final goods and services produced with in a country in a given period of time.
HDI is a summary measure of development that is published by UNDP United Nations Development program combining data on life expectancy at birth, adult literacy, educational enrollment, and average income (measured as G.D.P. per capita)
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What is the relationship between gross domestic product (GDP) and the Human Development Index (HDI)?
* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
What is the relationship between gross domestic product (GDP) and the human development index HDI?
* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
What is the relationship between gross domestic product GDP and the human development index hdi?
* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
What does GDP gap measure the difference between?
GDP Gap measures the percent difference in Real and Potential GDP
What does the difference between these three countries' overall GDP rankings and per capita GDP rankings tell you?
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What is the relationship between gross domestic product GDP and the human development index hdi?
* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
What is the relationship between gross domestic product (GDP) and the Human Development Index (HDI)?
* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
What is the relationship between gross domestic product (GDP) and the human development index HDI?
* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
The GDP gap measures the difference between?
nominal GDP and real GDP.
What does GDP gap measure the difference between?
GDP Gap measures the percent difference in Real and Potential GDP
What is the relationship between gross domestic product and the human development index?
B. It's very difficult for any people or government to achieve gains in allareas of life, so there is a balance between GDP and HDI. C. Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. A. GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.
What is Mexico's current GDP and HDI?
Current GDP is 1.567 trillion (2010 est.), ranking 11th worldwide.Current HDI is 0.770, ranking 57th worldwide and as part of the "high human development" category.
What does the difference between these three countries' overall GDP rankings and per capita GDP rankings tell you?
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What is the difference between nominal and ppp GDP?
idk.weeoll is money.
What shows if a country is richer or poor?
Search the country's HDI or GDP per capita.
What does HDI measure?
HDI mainly measures life ,expectancy, educational attainment, and GDP per capita (gross domestic product) for countries world wide.
What are the advantages of Human Development Index?
i dont know how corect this will be but im gonan give it a go. tell me if there is anything that is wrong. This will show you why HDI is better then GDP and should be used as an alternative to GDP so it kind of ties in with advantagesThe human development index is calculated each year by the U.N. Development Program as a summary indicator of "Human Development," combining data on life expectancy at birth, adult literacy, educational enrollment, and average income also measured by G.D.P. per capita. Both the HDI and GDP (per capita) have similarities for example On GDP Norway have the second largest GDP per capita for 2008 as well as the 2 highest HDI for 2008 as well as Ireland being 6th in the world for GDP and HDI for 2008 There is a correlation between HDI and GDP when ever GDP goes up HDI goes up meaning that HDI can be see as an alternative according to Francisco Rodriguez.Countries are ranked according to GDP however this is not necessarily the best way to think about differences in living standards across countries. For example, GDP per capita is influenced by how much spending and output is created in that country however this does no mean that standard of living or resources are used to there full potential as huge output could be focused on army or other good/services not necessarily improving the country. GDP cannot tell you much about key issues such as human development literature rates and life expectancy, unlike HDI, which covers a wide range of factors that help to make a country.My spelling will not be perfect so pleas no comments
