lecture 1 Flashcards
1
Q
what is GNI
A
Gross national income
2
Q
what components make up the HDI
A
life education income
3
Q
why is growth hard to measure?
A
many factors
4
Q
Today, most of income inequality occurs between?
A
country in europe vs country in africa
5
Q
The primary purpose of development economics is to explain what
A
Income differences between societies
6
Q
Which of the following is not a problem in analyzing the
determinants of economic growth?
A
lack of theories
