The Human Development Index Comes Close to Amartya Sen's Conception

question 71

Multiple Choice

The Human Development Index comes close to Amartya Sen's conception of how development should be measured,although which of the following,suggested by Sen in his thesis,is not included in the index?

• A)basic health care
• B)political freedom
• C)educational attainment
• D)basic average income
• E)life expectancy at birth

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Definitions:

Additions and Improvements

Capital expenditures made to increase the value of existing assets, often leading to a longer useful life or increased functionality.

Operating Efficiency

A measure of a company's ability to minimize costs and maximize output during its operations.

Productive Capacity

The maximum output a company can produce using its existing resources in a given period, without sacrificing quality.

Units-of-Activity Method

A depreciation method that allocates the cost of an asset over its useful life based on units of production or usage rather than time.