The Meaning and Measurement of Economic Development

A. food, clothing and housing
B. health, education and quality housing
C. adequate nutrition, primary education health sanitation water supply and housing
D. longevity and living standards

A. health and nutrition
B. living standard
C. infant mortality
D. Purchasing Power Parity

A. infant mortality life expectancy and adult literacy rate
B. crime rate clean environment and quality of housing
C. air pollution rate, Water pollution rate and sanitation
D. health education and environment

A. both exchange rates are measured s the domestic currency price of the US-dollar
B. both exchange rates are not converted into international dollars
C. both exchange rate are pegged
D. both exchange rate are converted into Big Mac PPP formula

A. current-year
B. base-year
C. fisher-ideal index
D. Purchasing Power Parity (PPP)

A. Organization of Petroleum Exporting Country
B. Organization of Pre-European Commission
C. Oil Producing Economies Caucus
D. Organization of Problematic Economies Committee

A. NIC, OPEC and G7
B. Low income , middle income and high income
C. Southeast Northeast and Southwest
D. Asia, America and Europe

A. Canada
B. United States
C. Mexico
D. Australia

A. Ethiopia
B. Rwanda
C. Somalia
D. Singapore

A. [(GDP2002 + GDP2001)/GDP2001]100
B. [(GDP2002 – GDP2001) GDP2001]100
C. [(GDP2002 – GDP2001)/GDP2001]100
D. [(GDP2001 – GDP2002]100