Define the terms national income, GDP, infant mortality rate, literacy rate, net attendance ratio, BMI
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Answer:
National Income: National Income refers to the money value of all the goods and services produced in a country during a financial year. In other words, the final outcome of all the economic activities of the nation during a period of one year, valued in terms of money is called as a National income.
GDP: Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period.
Infant Mortality Rate: The infant mortality rate is the number of deaths under one year of age occurring among the live births in a given geographical area during a given year, per 1,000 live births occurring among the population of the given geographical area during the same year.
Literacy Rate: The total percentage of the population of an area at a particular time aged seven years or above who can read and write with understanding.
Net attendance ratio : Net attendance ratio is defined as the ratio of the number of persons in the official age-group attending any educational institution in a particular class-group to the total number persons in the age-group.
BMI: Body mass index is a value derived from the mass and height of a person. The BMI is defined as the body mass divided by the square of the body height, and is universally expressed in units of kg/m².