does GNI per capita seems to be a good indicator of well-being as defined by your two indicators. Why or why not?

Learning Goal: I’m working on a economics question and need an explanation and answer to help me learn.This exercise is the first of six at the module level that you will complete for the country that you have chosen. You are working for a development agency and your boss has asked that you help her understand whether GNI per capita is a good measure of economic development. After doing the research below, you write a memo to your boss. If you are unfamiliar with this genre please refer to resources of the HWC (链接到外部网站。). We have covered in class and in the readings gross national income (GNI) per capita, the Human Development Index (HDI), and the Millennium Development Goals (MDGs). This assignment ask students to compare a country’s performance on multiple measures, comparing a purely economic measure (GNI per capita) with ones more geared toward to human welfare (HDI and MDGs) beginning in 1990. Data on GNI per capita are found are found in GNI data here, (链接到外部网站。) figures on the MDGs are found at MDG figures here, (链接到外部网站。)and stats on HDI may be found at HDI data here, or (链接到外部网站。)at the UN site (链接到外部网站。). (链接到外部网站。)Select one indicator from among the MDGs for your country and one from the components of the HDI (but not GNI per capita) for your country.Your report, which is not to exceed three paragraphs of narrative in addition to the graphics, should include:1. graphs of GNI per capita (PPP constant 2017 international $) and the two indicators you have chosen. Each graph should be original. Make it yourself using Excel from downloaded data. Again, we are interested only in the period beginning in 1990 and running for as long as data are available for each indicator.If you are unfamiliar or rusty with making graphics from data in Excel, a tutorial is available here Excel Quick and Simple Charts Tutorial. The instructor will provide more in-depth resources on Excel upon request. Please let the instructor know as early as possible during the semester if the use of Excel will pose a major issue for you.Do not copy and paste a graph made elsewhere or use a graph making tool on a web site. The graphs should also be professionally presented, clearly labeled, and properly cited. As noted in the guidance, all graphs should be of the same type (e.g., bar chart, line diagram), unless the student justifies following a different approach in the narrative.2. Central Issue: Given the evidence you have presented, does GNI per capita seems to be a good indicator of well-being as defined by your two indicators. Why or why not?
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