Many political economists believe that the soundest indicator of the economic health of a nation is the nation's gross national product (GNP) per capitaβa figure reached by dividing the total value of the goods produced yearly in a nation by its population and taken to be a measure of the welfare of the nation's residents. βββ
Economists' perspective Β·Best indicator of nation's economic health is gross national product (GNP) per person
GNP per person = total value of goods produced per year divided by population.
Critique Β·Human indicators are more important than GNP in measuring nation's welfare
Lists examples of human indicators. Nutrition, life expectancy, infant mortality, access to various resources such as water, education, medicine, and more.
What some nations do Β·Focus on improving human indicators, not GNP
They recognize that material wealth should not be sole indicator of economic health.
Passage Style
Critique or debate
2.
The term "welfare" is used ββ βββ βββββ βββββββββ ββ βββββ ββββ ββββββββββββ ββ βββββ βββ ββ βββ ββββββββββ
Question Type
Meaning in context (of word, phrase, or idea)
Structure
This is a Meaning in Context question. Go back to the line referenced in the question before going to the answers. In the first paragraph, βwelfareβ is used to refer to the overall well-being of the nationβs residents.
a
the overall quality ββ ββββ βββ βββββββββββ ββ β ββββββ
This is the meaning. The author mentions residentsβ welfare in the context of the explanation of how per capita GNP may not be a comprehensive representation of economic health. This shows us that βwelfareβ is used in reference to residentsβ overall quality of life, not just their economic situation.
b
the services provided ββ βββββββββββ ββ β ββββββββββ
While this is a definition of welfare, this is not how itβs used in the context of the first paragraph.
c
the material wealth βββββ ββ βββββββββββ ββ β ββββββ
In the first paragraph, the author is saying that thereβs a lot more that goes into welfare than just economic factors, so we know that βwelfareβ in this context doesnβt just refer to economic factors. (C) only mentions an economic factor (material wealth).
d
the extent to βββββ βββ ββββββββββββ ββ ββββββ βββββ βββββββββββ ββ β ββββββ ββ ββββββββ
The idea of wealth distribution isnβt even mentioned until the end of the second paragraph, so we know that βwelfareβ doesnβt mean wealth distribution when itβs used in the first paragraph.
e
government efforts to ββββββββββββ ββββββ ββββββ βββββββ ββ β βββββ
The idea of wealth redistribution is not relevant to the discussion of welfare in the first paragraph, so we know that this isnβt the definition of βwelfareβ in this context.
Difficulty
93% of people who answer get this correct
This is a low-difficulty question.
It is somewhat easier than other questions in this passage.
CURVE
Score of students with a 50% chance of getting this right
25%120
133
75%146
Analysis
Meaning in context (of word, phrase, or idea)
Structure
Critique or debate
Science
Answer Popularity
PopularityAvg. score
a
93%
167
b
1%
158
c
5%
161
d
1%
160
e
0%
147
Question history
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