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Assume a country has a life expectancy of 51.5, an adult literarcy rate of 62.6 percent, a combined gross enrollement ratio of 45 percent, and GDP per capita PPP of $853.
1. Determine its Traditional Human Development Index (HDI)?
2. Compute how much its life expectancy would have to rise to achieve "medium human development" status (that is, a Traditional HDI of 0.500) other things equal.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9308496

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