9 (a). The following information is given aboutcountries X and YIndicatorsYLife Expectancy at 65.6 YearsBirth77 YearsAdult LiteracyRatio83.6%71.3%Gross Enrolment 69.6%in Education55.2%GDP Per26223500Capita(ppp$)(i). Determine Life Expectancy Index,Education Index, and Income Index forCountry X(ii). Determine Life Expectancy Index,Education Index, and Income Index forCountry Y(iii). Calculate the Human Development Index(HDI) for each country and interpret yourresults(iv). Discuss the performance of each countryand provide policy prescriptions that reducepoverty and enhance the development(b). Why do some countries make rapidprogress toward development while others

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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

(a). The following information is given about
countries X and Y
Indicators
Y
Life Expectancy at 65.6 Years
Birth
77 Years
Adult Literacy
Ratio
83.6%
71.3%
Gross Enrolment 69.6%
in Education
55.2%
GDP Per
2622
3500
Capita(ppp$)
(i). Determine Life Expectancy Index,
Education Index, and Income Index for
Country X
(ii). Determine Life Expectancy Index,
Education Index, and Income Index for
Country Y
(iii). Calculate the Human Development Index
(HDI) for each country and interpret your
results
(iv). Discuss the performance of each country
and provide policy prescriptions that reduce
poverty and enhance the development
(b). Why do some countries make rapid
progress toward development while others

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