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Compare the Quality of Life for any two nations (neither of which is the United States) by using the matrix below (or something like it)

Compare the Quality of Life for any two nations (neither of which is the United States) by using the matrix below (or something like it) and explain why you would prefer to live in one more than the other. Take into account the four indicators below and four additional indicators with particular significance to how YOU define quality of life.

Indicator

-nation 1-

-nation 2-

Data Source(s)

Date (year)

Unemployment

rate

Economic Growth rate

Real per-capita GDP ($PPP)

Inflation rate

Quality of Life is more inclusive than the so-called "standard of living" (real per-capita GDP). Show that you understand the difference in your posting after watching this15-minute presentation(Links to an external site.). It is succinct, passionate, and exactly on the topic of how assessments ofQualilty of Life (and a measure like the "social progress index") differ from per-capita GDP, a measure of the material standard of living.

Describe why your four chosen indicators were essential to your decision about which country you would choose for your home (if you had to decide between those two). What is important to YOU?

Some indicators worth considering:

Crime rates/Incarceration rate (used by some to measure government repression)

Infant mortality rate (an accurate reflection of the state of medical care for average person)

Expected lifespan (common element of many quality of life measures)

Education (average per person)

National Debt/GDP ratio (indication of future growth rates)

Population growth rate (generally lower in developed nations)

Gini Coefficient (rich/poor gap for income distribution)

Various infectious disease rates (particularly applicable to tropical less-developed nations)

A list of quality of life indicators (& corresponding data)(Links to an external site.) is provided by the OECD CAUTION: Population (all by itself) is not a quality of life measure. This is why spending/income is most often expressed as a total per person, or per-capita. All measures must specify units of measurement, even if they are rates (%) or "incidences" of crime or disease or death (usually expressed in # per 1000 people).

I provide you here with the most fundamental sources of macroeconomic data:

Bureau of labor Statistics Historic CPI data (Choose the top item in the list for 1982-4 as base period, then hit "retrieve". Time series can be extended.) https://data.bls.gov/cgi-bin/surveymost?cu(Links to an external site.)

Bureau of Economic Analysis GDP (output) data https://www.bea.gov/national/index.htm#gdp(Links to an external site.)

International Monetary Fund DataMapper http://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD(Links to an external site.) Wide range of macroeconomic data, including debt/GDP ratios, for all the nations of the world.

United Nations Human Development Report for 2016 is available as a pdf document at http://hdr.undp.org/en/2016-report(Links to an external site.) The tables at the end of the report contain comparative macro data, but the significance of the data becomes greater as you read more of the report.

Organization for Economic Cooperation & Development provides a wide range of data on all of their members' macroeconomies athttps://data.oecd.org/

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