Alternative Measures of Economic Welfare
| Description: This quiz aims to assess your understanding of alternative measures of economic welfare, which go beyond traditional GDP-based measures to capture various aspects of societal well-being. | |
| Number of Questions: 15 | |
| Created by: Aliensbrain Bot | |
| Tags: economic welfare alternative measures gdp human development index genuine progress indicator |
Which measure of economic welfare considers factors such as life expectancy, education, and income to assess a country's overall well-being?
The Genuine Progress Indicator (GPI) differs from GDP by:
Which measure of economic welfare takes into account factors such as leisure time, health, and social connections?
The concept of 'inclusive wealth' is associated with which alternative measure of economic welfare?
Which measure of economic welfare focuses on the well-being of future generations?
The Genuine Progress Indicator (GPI) excludes which of the following from its calculation?
Which measure of economic welfare incorporates factors such as crime rates, pollution levels, and traffic congestion?
The Human Development Index (HDI) is calculated using which three dimensions?
Which measure of economic welfare is based on the idea that economic growth should not come at the expense of environmental degradation?
The concept of 'inclusive wealth' in the context of economic welfare refers to:
Which measure of economic welfare emphasizes the importance of social equity and distribution of income?
The Genuine Progress Indicator (GPI) includes which of the following in its calculation?
Which measure of economic welfare is based on the concept of 'sustainable development'?
The concept of 'genuine savings' in the context of economic welfare refers to:
Which measure of economic welfare incorporates factors such as air quality, water quality, and biodiversity?