Question

Choose the correct sequence of indices for understanding the economic development of human beings over time:
• [A.] Multidimensional Human Development Index
• [B.] Per Capita Income
• [C.] Purchasing Power Parity
• [D.] Human Poverty Index Choose the correct answer from the options given below:

• A. D, A, B and C
• B. B, C, D and A
• C. A, B, C and D
• D. C, D, A and B

Hint:

Evolution of development indicators: \[ \boxed{ \text{PCI} \rightarrow \text{PPP} \rightarrow \text{HPI} \rightarrow \text{MPI/MHDI} } \] Modern measures consider education, health and living standards in addition to income.

Answer 1

The Correct Option is B