This graph shows GDP per capita in 2015 (on the horizontal axis) and historical Human Development Index without GDP metric (on the vertical axis). Based on the graph, which of the following is true? (select all that apply) Historical Index of Human Development (without GDP metric) vs. GDP per capita, 2015 The Historical Index of Human Development (HIHD) is a summary measure of average achievement in key dimensions of human development: it represents an index of life expectancy, literacy rates, educational enrolment, and per capita gross domestic product (GDP). The HIHD variable below has had this GDP metric removed. Here it is measured against GDP per capita. Historical Human Development Index (without GDP metric) 0.8 0.6 0.4 0.2 0 576 Burundi Liberia Niger 1,000 Madagascar . Jajikisfan Vietnam Honduras Ethiopia Seneg Sudan Benin.. Burkina Fso Cote d'Ivoire Cuba Syria India. Nepal, Banglades Congo Pakistan Nigeria Ukraine Libya Uzbekistar Indonesia Angola China. Egypt Costa Rica GDP per capita 10,000 South Africa Chile Argentina Mexico Greece Spain hada sra Poland Hungary Malaysia Japan Ireland Norway Germany. O, United States Slovakia Puerto Rico Russia Oman Kuwait Saudi Arabia Equatorial Guinea Qatar 100,000 • Our World in Data ■ Africa ■ Asia ■ Europe ■ North America ■ Oceania LOG South America

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

This graph shows GDP per capita in 2015 (on the horizontal axis) and historical Human Development Index without GDP metric (on the vertical axis). Based on the graph, which of the
following is true? (select all that apply)
Historical Index of Human Development (without GDP metric) vs. GDP per
capita, 2015
The Historical Index of Human Development (HIHD) is a summary measure of average achievement in key dimensions of
human development: it represents an index of life expectancy, literacy rates, educational enrolment, and per capita gross
domestic product (GDP). The HIHD variable below has had this GDP metric removed. Here it is measured against GDP per
capita.
Historical Human Development Index (without GDP metric)
0.8
0.6
0.4
0.2
576
Burundi
Liberia
Niger
1,000
Madagascar
Syria
Tajikistan
Ethiopia Senegal
Benin..
Burkina Faso
Nepal Bangladesh
Sudan
Honduras
Vietnam
Cote d'Ivoire
India
Cuba
Congo
Pakistan
Nigeria
Ukraine
China
Libya Peru Mexico
O
Uzbekistan
Indonesia
Angola
Costa Rica
GDP per capita
Egypt
10,000
South Africa
O
Chile
Argentina
Greece
Spain Canada
●Japan Ireland
O
Israel
• Germany
Poland
Hungary
Slovakia Puerto Rico
Russia
Malaysia
Oman
United States
Norway
Saudi Arabia
Equatorial Guinea
Kuwait
Qatar
100,000
Our World
in Data
Africa
■ Asia
■ Europe
LOG
orth America
■ Oceania
■ South America
Transcribed Image Text:This graph shows GDP per capita in 2015 (on the horizontal axis) and historical Human Development Index without GDP metric (on the vertical axis). Based on the graph, which of the following is true? (select all that apply) Historical Index of Human Development (without GDP metric) vs. GDP per capita, 2015 The Historical Index of Human Development (HIHD) is a summary measure of average achievement in key dimensions of human development: it represents an index of life expectancy, literacy rates, educational enrolment, and per capita gross domestic product (GDP). The HIHD variable below has had this GDP metric removed. Here it is measured against GDP per capita. Historical Human Development Index (without GDP metric) 0.8 0.6 0.4 0.2 576 Burundi Liberia Niger 1,000 Madagascar Syria Tajikistan Ethiopia Senegal Benin.. Burkina Faso Nepal Bangladesh Sudan Honduras Vietnam Cote d'Ivoire India Cuba Congo Pakistan Nigeria Ukraine China Libya Peru Mexico O Uzbekistan Indonesia Angola Costa Rica GDP per capita Egypt 10,000 South Africa O Chile Argentina Greece Spain Canada ●Japan Ireland O Israel • Germany Poland Hungary Slovakia Puerto Rico Russia Malaysia Oman United States Norway Saudi Arabia Equatorial Guinea Kuwait Qatar 100,000 Our World in Data Africa ■ Asia ■ Europe LOG orth America ■ Oceania ■ South America
0
Countries with better health and education tend to be richer.
Income and other dimensions (health and education) are positively correlated.
Countries with higher income tend to have better health and education.
Higher income causes better health and education.
Transcribed Image Text:0 Countries with better health and education tend to be richer. Income and other dimensions (health and education) are positively correlated. Countries with higher income tend to have better health and education. Higher income causes better health and education.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Growth Rate of GDP
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education