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Since 1990, the United Nations Development Programme (UNDP) has ranked the world's most desirable places to live. The rankings are based on a Human Development
Since 1990, the United Nations Development Programme (UNDP) has ranked the world's "most desirable places to live." The rankings are based on a Human Development Index (HDI), which includes national measures of life expectancy at birth, mean years of schooling, expected years of schooling, and per capita GDP. It can be found here: http://hdr.undp.org/en/content/human-development-index-hdi a) Do you believe that a country's per capita real GDP is a good indicator of quality of life? b) What other factors would you consider in measuring quality of life? c) Do you believe that GDP, the Unemployment Rate, and Inflation give a generally good representation of the state of the economy? Explain. d) Give an example of a person, business, or industry situation that may not be accurately represented by these numbers. e) Why is it important that these numbers accurately reflect the state of the economy
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