Waec Model Questions Vol1 2022 Economics Question 45

Practice objective / multiple choice question 45 from the 2022 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2022 Economics Objective / Multiple Choice Hard Difficulty
Question 45 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • ECONOMICS • objective

The Human Development Index (HDI) is the geometric mean of three dimension indices: Health, Education and Standard of Living. The education index is the arithmetic mean of the mean‑years‑of‑schooling index (0.70) and the expected‑years‑of‑schooling index (0.80). For a given year the indices are: Health = 0.78, Education sub‑indices as above, and GNI per‑capita index = 0.65. (a) Calculate the HDI for that year (round to three decimal places). (b) If the health index improves to 0.85 while the other indices stay unchanged, what is the percentage increase in the HDI? Give the percentage to two decimal places.

Answer Options

A. 3.10%
B. 2.55%
C. 2.75%
Correct Answer D. 2.90%
Correct Answer
D
Correct Option:
2.90%

About This Question

This is Waec Model Questions Vol1 2022 Economics Question 45. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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