8
QuizMultiple Choice

Introduction to Economics — Test

Question 8 • Economics (Full-Year)

How do Human Development Index (HDI) and gross domestic product (GDP) compare in what they measure?

Answer
A
HDI and GDP both measure economic development only.
B
HDI measures human development, while GDP measures economic development.
C
HDI measures social development, while GDP measures economic development.
D
HDI and GDP both measure social development only.

Explanation

HDI measures human development using indicators related to health, education, and income. GDP measures the value of goods and services produced in an economy, so it is an indicator of economic activity and development. Therefore, the correct choice is “HDI measures human development, while GDP measures economic development.”

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