Economics · Economy
Which of the following statements is INCORRECT with respect to the Human Development Index (HDI)?
- 1HDI combines indicators of decent standard of living, long and healthy life, and access to knowledge.
- 2Life expectancy at birth in HDI denotes the average expected length of life at birth.
- 3It utilizes the purchasing power parity (PPP) adjusted income method.
- 4HDI stands for 'Hunger Development Index' and ranks nations based on nutrition metrics.✓
Correct answer
HDI stands for 'Hunger Development Index' and ranks nations based on nutrition metrics.
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