Compute the Human Development Index (HDI) in a country with a life expectancy of 80 years, 9 mean years of schooling, 12 expected years of schooling and a GNI per capita of $19,000. Round your answer to three decimal places (i.e. enter your answer as 0.523.not the correct answer, by the way!) As a reference, here are the "goalposts" set by the UN for the HDI: Variable Life Expectancy Expected Years of Schooling Mean Years of Schooling GNI per capita (PPP) Worst Case Best Case 20 years 85 years O years 18 years O years 15 years $100 $75,000

Compute the Human Development Index (HDI) in a country with a life expectancy of 80 years, 9 mean years of schooling, 12 expected years of schooling and a GNI per capita of $19,000. Round your answer to three decimal places (i.e. enter your answer as 0.523.not the correct answer, by the way!) As a reference, here are the "goalposts" set by the UN for the HDI: Variable Life Expectancy Expected Years of Schooling Mean Years of Schooling GNI per capita (PPP) Worst Case Best Case 20 years 85 years O years 18 years O years 15 years $100 $75,000

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

Compute the Human Development Index (HDI) in a country with a life expectancy of 80 years, 9
mean years of schooling, 12 expected years of schooling and a GNI per capita of $19,000. Round
your answer to three decimal places (i.e. enter your answer as 0.523.not the correct answer, by
the way!)
As a reference, here are the "goalposts" set by the UN for the HDI:
Variable
Life Expectancy
Expected Years of Schooling
Mean Years of Schooling
GNI per capita (PPP)
Worst Case
Best Case
20 years
85 years
O years
O years
18 years
15 years
$100
$75,000

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