Waec Model Questions Vol1 2023 Economics Question 34
Practice objective / multiple choice question 34 from the 2023 Waec Model Questions Vol1 Economics examination.
A country's Human Development Index (HDI) is calculated as the geometric mean of three dimension indices: Life‑expectancy index (LEI), Education index (EI) and Income index (II). Initially, LEI = 0.85, EI = 0.70 and II = 0.60. After policy reforms, LEI rises by 0.04, EI rises by 0.05 and II increases by 10%. Compute the percentage increase in the HDI resulting from these reforms (give your answer to one decimal place).
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About This Question
This is Waec Model Questions Vol1 2023 Economics Question 34. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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