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What is the symbol for First Trust International Multi-Asset Diversified Income Index in NASDAQ?

The symbol for First Trust International Multi-Asset Diversified Income Index in NASDAQ is: YDIV.


How is the Gini index calculated and what does it measure in terms of income inequality?

The Gini index is calculated by comparing the distribution of income among individuals in a population. It ranges from 0 to 1, with 0 representing perfect equality and 1 representing perfect inequality. A higher Gini index indicates greater income inequality within a society.


What is the market cap for First Trust International Multi Asset Diversified Income Index YDIV?

As of July 2014, the market cap for First Trust International Multi-Asset Diversified Income Index (YDIV) is $10,845,043.38.


What is human development index?

The Human Development Index refers to the composite statistic of education, income and life expectancy indices. The HDI index is what is used to rank the countries into 4 tiers of human development.


What was the average income in 1992?

According to the Social Security Administration Average Wage Index it was $22,935.42.


Why is HDI better than GDP?

it is better because it measures the life expectancy index, education index and the income index and square roots it by the power of 3. it is taking in account several types of indexs and getting an average (kind of!)


How do you calculate real income using nominal income?

Real income is calculated by adjusting nominal income for inflation to reflect the purchasing power of money. This is done using the formula: Real Income = Nominal Income / (1 + Inflation Rate). By dividing the nominal income by the inflation rate (expressed as a decimal), you can determine how much goods and services that income can actually buy in terms of constant dollars. This adjustment allows for a more accurate comparison of income over time.


What is Polynesia's Human Development Index?

The average Human Development Index (HDI) for countries in Polynesia is around 0.715, which is considered high. This index is a composite measure of life expectancy, education, and income, reflecting the overall well-being and development level of a country.


What is the formula for buying power index?

The Buying Power Index (BPI) is calculated using the formula: BPI = (Local Income / National Income) × (National Cost of Living / Local Cost of Living) × 100. This index helps to compare the purchasing power of different regions by adjusting for income levels and cost of living differences. A BPI above 100 indicates higher buying power relative to the national average, while a value below 100 indicates lower buying power.


What is the US Consumer Price Index?

The consumer price index is built upon a random sampling of a country's citizens to gauge the overall mood of consumers in the country's economy. Interest rates are partly determined by the results of the CCI. The random sample group is polled on their present income and the confidence that their income is going to increase in the near future.


What three statistics are combined to make the Human Development Index?

per capita income , gross enrolment rate , infant mortality rate


What role does the consumer price index play in calculating inflation?

The higher the consumer price index becomes, the higher the cost of living will be because it will take a larger income to buy the same things they used to buy due to increased prices.