Economics · Economy

Which of the following statements are valid regarding Human Development? I. Two countries with the same level of Gross National Income (GNI) per capita, but ending with different human development outcomes is indicative of the importance of development over growth. II. A country's score on the Inequality-Adjusted Human Development Index (IHDI) is equal to its Human Development Index (HDI) when there is no inequality among people. III. In the Gender Development Index (GDI), values below 1 indicate higher development for men than women. IV. The Planetary Pressures-adjusted Human Development Index (PHDI) focuses on intergenerational inequality just the same way as the Inequality-adjusted Human Development Index (IHDI) focuses on intragenerational inequa lity. V. According to the Human Development Report, a new uncertainty complex is emerging, which comprises three new concerns - planetary changes, sweeping social transformations, and polarized societies. Select the correct answer using the codes given below: