G11: The official data on poverty released in India is estimated on the basis of consumption expenditure data collected by (a) Office of Economic Advisor (b) Labour Bureau (c) National Sample Survey Organisation (NSSO) (d) Central Statistical Office (CSO)

Q: 1. The following boxplots show the total income of 40 randomly chosen households each from…

A: Box plots are based on the quartiles of the data, the median shows the middle value of the data, the…

Q: Broader measures of economic prosperity and wellbeing advise your client on some other…

A: Well-being refers to the overall quality of an individual's life, encompassing physical, emotional,…

Q: The nation of Kona cultivates coffee beans and cassava, from which all their consumer goods are…

A: A nominal wage, or money wage, is the precise amount of money you get paid per hour or per salary.…

Q: What are the criticisms with the two types of ranking (GDP and Per Capita)?

A: Answer in step 2.

Q: G3: Which of the following components are used in calculating Human Development Index (HDI) by UNDP?…

A: The Human Development Index (HDI) is a composite statistic developed by the United Nations…

Q: When the government expenditure exceeds the government receipts it is known as?

A: According to the given question Accordingly government expenditure refers to the buying or…

Q: Jsing the following data, you calculated National Income in an early question. Wages and Salaries…

A: The GDP is the absolute of all worth-added made in an economy. The worth added implies the worth of…

Q: how do i get urbanization (% population)

A: Urbanization refers to the process of increasing the proportion of a country's population that lives…

Q: 3. Bureau of Economic Analysis in the USA is responsible for construction and maintenance of…

A: Calculation of GNP at factor cost (GNPFC) from the given data using the income method:Income…

Q: List five limitations of GDP as a measurement of social welfare.

A: GDP or Gross Domestic Product is the total accounted value of all the goods and services produced in…

Q: GDP is not a perfect measure of social welfare and the society's economic well-being because…

A: GDP is the production of goods and services during financial year. Rise GDP does not mean that…

Q: GDP per capita is an indicator that tells us the whole picture about income inequality and income…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: Which government agency or private group manages the economic indicator data? How is the economic…

A: An economic indicator is basically a portion of economic data, often on a macroeconomic scale, that…

Q: Nominal GDP (NGDP) Real GDP (RGDP) Estimated Resident Population by Age and Sex (1991+) (Annual-Mar)…

A: Government investment is a part of the nominal GDP. Since, no other measure is given under nominal…

Q: All of the following are producers of external secondary data EXCEPT 1. government 2. trade…

A: Approach to solving the question: Detailed explanation:Libraries primarily serve as repositories for…

Q: Cumulative % of Population Cumulative % of Income, EI Salvador, 2000 Cumulative % of Income, EI…

A: The Gini Coefficient is a statistical device to calculate the income inequality of a country. The…

Q: Access to Education and Poverty: 2005 Data IG ge Sompletion by Income status and sth grade test…

A: Given the graphs, it is clearly observed that people with high score in all income groups have…