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Question

State with reasons whether the following statement is True or False
In HDI, GDP per capita is calculated as PPP in US dollars.

A
True
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B
False
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Solution

The correct option is A True

Living standard is assessed by Gross National Income per capita, which forms the GNI index. It is calculated into the Human Development Index.GDP is considered a means for human development. However, it is not an end. Moreover, in HDI, GDP per capita is calculated as PPP in US Dollars.

Thus, the correct answer is A.


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