Business I / Global Inequality
Practice question · Match the pairs

Match each measurement concept to its meaning.

  • GNI per capita
  • PPP adjustment
  • HDI
  • Extreme poverty line
  • A country’s income divided by its people
  • Living below roughly two dollars a day (PPP)
  • Income plus health plus education in one index
  • Correcting for what money actually buys locally
Hints
  1. Each measure patches a blindness of the one before it.
  2. Raw income ignores prices; averages ignore the floor.
Show the answer
  • GNI per capita A country’s income divided by its people
  • PPP adjustment Correcting for what money actually buys locally
  • HDI Income plus health plus education in one index
  • Extreme poverty line Living below roughly two dollars a day (PPP)
Why

Each tool patches a blindness of the previous one: raw income ignores prices, prices ignore health and schooling, averages ignore the floor.

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