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O-LevelEconomicsEconomic development2281/11 · May/June 2010 · Q321 Mark

Why is the Human Development Index (HDI) a better indicator of comparative living standards than Gross Domestic Product (GDP) per head?

AIt includes international trade.
BIt includes more measures of living standards.
CIt is measured in money terms.
DIt is more directly linked to economic growth.

✓ Correct answer

B: It includes more measures of living standards.

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About this question

Topic
Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2010 Paper 1 Variant 1, question 32.

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