Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am kind of stuck on which measure I should from the following list that can explain how economic measure you believe should be used

I am kind of stuck on which measure I should from the following list that can explain how economic measure you believe should be used to measure economic well being. I was thinking of doing the first option, but I need at least 2-3 clear points, and that's where I am stuck. Any other point that can be easier to talk about?, with some explanation as to how it can be used to measure economic well being.

image text in transcribed
TEMPORAL DICATOR TYPE UNITS DOMAINS INDICATORS COVERAGE COVERAGE Index of Sustainable Economic 17 countries. Welfare (ISEW) and Genuine GDP modification S 4 26 several states 1950-various Progress Indicator (GPI) and regions Genuine Savings Income accounts modification 3 5 140 countries 1970-2008 Inclusive Wealth Index Capital accounts modification S 20 countries 1990-2008 Australian Unity Well-Being Index Survey-based index Index # 14 14 Australia 2001-present Gallup-Healthways Well-Being Index Survey-based index Index # 6 39 50 states in US 2008-present Gross National Happiness Survey-based index Index # 9 33 Bhutan 2010 Human Development Index Index # 3 4 (HDD) Composit Index 177 countries 1980-present Happy Planet Index Composit Index Index # 153 countries 3 yrs Canadian Index of Well-Being Composit Index Index # Canada 1994-present National Well-Being Index Composit Index Index # S 5 56 countries 1 yr OECD Better Life Index Composit Index Index # 11 25 36 OECD countries 1 yr Well-Being of Nations Composit Index Index # 20 63 180 countries 1990-2000 Sustainable Society Index Composit Index Index # 22 150 countries 2 yrs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Land Economics Research

Authors: Joseph Ackerman, Marion Clawson, Marshall Harris

1st Edition

1317340426, 9781317340423

More Books

Students also viewed these Economics questions

Question

Explain how to handle criticism well.

Answered: 1 week ago

Question

What are the different techniques used in decision making?

Answered: 1 week ago