Economics · Human Development Index
Consider the following statements related to the Human Development Index (HDI) methodology introduced around 2010: (a) The value of HDI lies between 0 and 1 (both values inclusive). (b) Birth and death rates of a country are the direct measures used for a long and healthy life. (c) Inequality of income and wealth is one of the three core dimensions considered for the calculation of the standard HDI. (d) Mean years of schooling is used to measure the education dimension of HDI. Which of the above statements are true?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statements (a), (b) and (c)
- 2Statements (b) and (c)
- 3Statements (a) and (d)✓
- 4All four statements
Correct answer
Statements (a) and (d)
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