Question
Which of the following metric is not an indicator of
growth of a nation?Solution
The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development The Human Poverty Index (HPI) is an indication of the standard of living in a country, developed by the United Nations (UN) to complement the Human Development Index (HDI) and was first reported as part of the Human Development Report in 1997. The Green Gross Domestic Product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Genuine progress indicator (GPI) is a metric that has been suggested to replace, or supplement, gross domestic product (GDP) as a measure of economic growth.
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