The Physical Quality of Life Index (PQLI) combines three indicators They are ?

According to the next basic needs include ?

A. food, clothing and housing

B. health, education and quality housing

C. adequate nutrition, primary education health sanitation water supply and housing

D. longevity and living standards

Longevity is proxy for ________ in the Human Development Index?

A. health and nutrition

B. living standard

C. infant mortality

D. Purchasing Power Parity

The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?

A. both exchange rates are measured s the domestic currency price of the US-dollar

B. both exchange rates are not converted into international dollars

C. both exchange rate are pegged

D. both exchange rate are converted into Big Mac PPP formula

The Paasche index uses _________ weights?

A. current-year

B. base-year

C. fisher-ideal index

D. Purchasing Power Parity (PPP)

OPEC is the ?

A. Organization of Petroleum Exporting Country

B. Organization of Pre-European Commission

C. Oil Producing Economies Caucus

D. Organization of Problematic Economies Committee