In addition to the level of income, which of the following measures are important for measuring the development status of a country?

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Literacy level and health facilities

Bond prices and stock prices

Inflation level

Interest level

answer is A.

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Detailed Solution

In addition to the level of income, the literacy level and health facilities are important parameters for measuring a country's development status. The literacy rate is the percentage of the population in an area above the age of 7 that can read and write with understanding. The health facilities may include infant mortality, life expectancy, etc. Life expectancy at birth refers to the number of newborn children expected to live in the prevailing conditions. Infant Mortality Rate refers to the number of infant deaths for every 1000 live births.

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