Determine Life Expectancy Index, Education Index and Income Index for Country Y (a). The following information is given about countries X and YIndicatorsLife Expectancy at BirthAdult Literacy RatioY65.6 Years77 Years83.6%71.3%Gross Enrolment in Education 69.6%55.2%GDP Per Capita(ppp$)26223500

Given, Two Countries : X and Y The information is given as : Life Expectancy is calculated as :…

Answered: (a). The following information is given…

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(a). The following information is given about countries X and Y

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Determine Life Expectancy Index, Education Index and Income Index for Country Y

(a). The following information is given about countries X and Y
Indicators
Life Expectancy at Birth
Adult Literacy Ratio
Y
65.6 Years
77 Years
83.6%
71.3%
Gross Enrolment in Education 69.6%
55.2%
GDP Per Capita(ppp$)
2622
3500

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