In 2015, the United Nations ranked Norway first on the Human Development Indexa ranking of the quality

Question:

In 2015, the United Nations ranked Norway first on the Human Development Index—a ranking of the “quality of life” in many countries. Yet Norway was not ranked first in terms of real per capita GDP. Explain how the two rankings can be different.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Ragan Macroeconomics

ISBN: 978-0134835822

16th Edition

Authors: Christopher Ragan

Question Posted: