Which of the following is based on three measures: life expectancy at

QUESTION

Which of the following is based on three measures: life expectancy at birth, educational attainment, and average incomes based on PPP estimates?

A. Human Development Index

B. Gross National Income

C. Gross Domestic Product

D. Cost of Living Index

E. Cash Reserve Ratio

ANSWER

A
The Human Development Index (HDI) is based on three measures: life expectancy at birth (a function of health care); educational attainment (measured by a combination of the adult literacy rate and enrollment in primary, secondary, and tertiary education); and whether average incomes, based on PPP estimates, are sufficient to meet the basic needs of life in a country (adequate food, shelter, and health care).