Question
There is a measurement of the standard of living called the HDI (Human Development Index). In what ways does it measure the quality of life?
There is a measurement of the standard of living called the HDI (Human Development Index). In what ways does it measure the quality of life? If I were to ask you to list your THREE best social measures of quality of life, what will these be and why? How will economists be able to measure them reliably?
Please provide IN-TEXT Citations and Credible references with the response. Thanks!
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