O-LevelEconomicsEconomic development2281/12 · Oct/Nov 2019 · Q211 Mark

Why was the Human Development Index (HDI) introduced as a measure of the standard of living?

AEducation and healthcare are important contributors to the standard of living.

BGDP per head only measures development.

CInequality can only be measured by HDI.

DLiteracy rates are not an effective measure of the standard of living.

✓ Correct answer

A: Education and healthcare are important contributors to the standard of living.

Oracle Prep sorts past-paper questions by topic, so you can drill Economic development and see which topics are most likely to come up next.

Topic: Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2019 Paper 1 Variant 2, question 21.

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