Answered: Suppose for a given country, the life…

Suppose for a given country, the life expectancy index = 0.847, Education index = 0.568 and Income index = 0.584. Calculate the NEW HDI (NHDI) measure for this economy. %3D

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section7.4: Real Gdp

Problem 1ST

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Suppose for a given country, the life expectancy index = 0.847, Education index = 0.568 and
Income index = 0.584. Calculate the NEW HDI (NHDI) measure for this economy.

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