Economics · Human Development
Consider the following statements about income in the context of human development: A. Income is a means to achieve human well-being. B. Higher income always automatically ensures higher levels of human development. C. Income must be actively converted into human capabilities. D. The distribution of income matters significantly for development outcomes. Which of the above statements are correct?
- 1A, B and D
- 2B, C and D
- 3A, C and D✓
- 4A, B and C
Correct answer
A, C and D
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