What Measure of Economic Development Is Used Most Often to Classify

question 258

Multiple Choice

What measure of economic development is used most often to classify nations as industrially advanced or as developing?

• A) per capita income
• B) life expectancy at birth
• C) per capita energy consumption
• D) daily per capita calorie supply

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Definitions:

Cigarette Tax

A levy imposed by governments on the sale of cigarettes to reduce consumption and generate revenue, often used for public health initiatives.

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to taxation.

Vertical Equity

A principle of fairness in taxation that dictates taxpayers with a greater ability to pay should contribute more in taxes.

Cardio-Vascular Diseases

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, and stroke.