Neco Model Questions Vol1 2021 Economics Question 29
Practice objective / multiple choice question 29 from the 2021 Neco Model Questions Vol1 Economics examination.
Country A has the following data: life expectancy 68 years, mean years of schooling 6, expected years of schooling 12, and GNI per capita (PPP) $8\,000. The Human Development Index (HDI) is calculated as the geometric mean of three dimension indices: life‑expectancy index \((LE-20)/(85-20)\), education index \((MYS/15 + EYS/18)/2\), and income index \(\ln(GNI)/\ln(75\,000)\). (i) Compute the current HDI. (ii) If life expectancy rises to 72 years and GNI per capita increases to $10\,000 while schooling indicators remain unchanged, compute the new HDI and the percentage change. (iii) Based on the changes, indicate whether the improvement is driven more by health or by income.
Answer Options
About This Question
This is Neco Model Questions Vol1 2021 Economics Question 29. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Economics examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.