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10) Which of the following measures the extent to which a government equitably provides its people with a long and healthy life, an education, and a decent standard of living? A) category development index B) gross national product index C) human development index D) purchasing power index Answer: C 11) A company is conducting a research on new markets by comparing countries in terms of their human development index (HDI) scores. The company wishes to expand into a market where individuals experience a very high level of total well-being. Which of the following countries would the company most likely choose? D 12) Which of the following is true about economic development of a nation?
3 A 13) Which of the following statements is true of national production? A 14) Nations having the poorest infrastructures and lowest personal incomes are called ________. A) developed countries B) newly industrialized countries C) emerging markets D) developing countries Answer: D 15) A country that has recently increased the portion of its national production and exports derived from industrial operations is called a(n) ________. A 16) Both GDP and GNP measure a nation's income per person. 17) Volunteer work and unpaid household work are included in GNP. 18) Barter is an alternative for buyers who lack money needed to pay for imports.