An index number is the measure of change in a variable (or group of variables) over time. ... Index numbers are not directly measurable, but represent general, relative changes. They are typically expressed as percents
efinition: The Human Development Index (HDI) is a statistical tool used to measure a country's overall achievement in its social and economic dimensions. The social and economic dimensions of a country are based on the health of people, their level of education attainment and their standard of living.
Description: Pakistani economist Mahbub ul Haq created HDI in 1990 which was further used to measure the country's development by the United Nations Development Program (UNDP). Calculation of the index combines four major indicators: life expectancy for health, expected years of schooling, mean of years of schooling for education and Gross National Income per capita for standard of living.
Every year UNDP ranks countries based on the HDI report released in their annual report. HDI is one of the best tools to keep track of the level of development of a country, as it combines all major social and economic indicators that are responsible for economic development.
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Answers & Comments
U can use index for writing what u have done for write the date, day.
For detailed info pls search in YT
as im not a good explainer
Explanation:
An index number is the measure of change in a variable (or group of variables) over time. ... Index numbers are not directly measurable, but represent general, relative changes. They are typically expressed as percents
efinition: The Human Development Index (HDI) is a statistical tool used to measure a country's overall achievement in its social and economic dimensions. The social and economic dimensions of a country are based on the health of people, their level of education attainment and their standard of living.
Description: Pakistani economist Mahbub ul Haq created HDI in 1990 which was further used to measure the country's development by the United Nations Development Program (UNDP). Calculation of the index combines four major indicators: life expectancy for health, expected years of schooling, mean of years of schooling for education and Gross National Income per capita for standard of living.
Every year UNDP ranks countries based on the HDI report released in their annual report. HDI is one of the best tools to keep track of the level of development of a country, as it combines all major social and economic indicators that are responsible for economic development.
Related Defintions
Service Tax
Service tax is a tax levied by the government on service providers on certain service transactions,
Sovereign Risk
A nation is a sovereign entity. Any risk arising on chances of a government failing to make debt rep
Depression
: Depression is defined as a severe and prolonged recession. A recession is a situation of declining
Cross Elasticity Of Demand
: The measure of responsiveness of the demand for a good towards the change in the price of a relate
Statutory Liquidity Ratio
The ratio of liquid assets to net demand and time liabilities (NDTL) is called statutory liquidity r
Seasonal Adjustment
: This is a technique aimed at analyzing economic data with the purpose of removing fluctuations tha
Domestic Institutional Investors (diis)
: Domestic institutional investors are those institutional investors which undertake investment in s
Marginal Standing Facility
Marginal standing facility (MSF) is a window for banks to borrow from the Reserve Bank of India in a
True Cost Economics
: True cost economics is an economic model that includes the cost of negative externalities associat
Asset Turnover Ratio
Asset turnover ratio is the ratio between the value of a company’s sales or revenues and the value o
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