In Recent Years, the United Nations Has Constructed Measures Incorporating

question 39

Multiple Choice

In recent years, the United Nations has constructed measures incorporating dimensions of economic development that go beyond the level of per capita GDP. These measures include
I. Gender Development Index.
II. International Standard of Living Index.
III. Human Development Index.
IV. Human Poverty Index.

• A) all of the above
• B) I, II, and IV only
• C) I, III, and IV only
• D) II, III, and IV only

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Definitions:

Allocating Income

The process of distributing earned income among various expenditures, savings, and investments.

Optimal Distribution

The allocation of resources in a manner that maximizes efficiency and effectiveness, often in terms of cost, access, or utility.

Earned Income Tax Credit

A refundable tax credit aimed at benefiting workers with low to moderate income, encouraging and rewarding work.

Farm Subsidy Programs

Financial assistance programs provided by the government to farmers to stabilize food prices, ensure a consistent food supply, and sustain the agricultural sector's economic viability.