Calculate the Human Development Indices (HDI) for 3 countries: Bangladesh, France & Somalia by using the basic data available in the following table collected from a recent development report using proper goalposts: Country Life Adult Literacy Combined Gross Expectancy at Rate Education National Birth (ALR %) Enrollment Income per (LER in Years) Ratio (EER Capita (GNI at PPP USS) %) Bangladesh 70.6 81.0 66.0 10,307.41 France 99.8 73.6 98.0 63,909.45 Somalia 41.9 58.6 40.0 3,579.65

Calculate the Human Development Indices (HDI) for 3 countries: Bangladesh, France & Somalia by using the basic data available in the following table collected from a recent development report using proper goalposts: Country Life Adult Literacy Combined Gross Expectancy at Rate Education National Birth (ALR %) Enrollment Income per (LER in Years) Ratio (EER Capita (GNI at PPP USS) %) Bangladesh 70.6 81.0 66.0 10,307.41 France 99.8 73.6 98.0 63,909.45 Somalia 41.9 58.6 40.0 3,579.65

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter32: Macroeconomic Policy Around The World

Section: Chapter Questions

Problem 30P: Retrieve the following data from The World Bank database (http //databank.worldbank. org/data/...

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Using the information provided in Table 1 below for the Traditional Human Development Index, answer the following questions: Hypothetical Data for Malaysia Economic Indictor Value PPP GDP per capita $ 13,990 Life Expectancy 79 Adult literacy 86% Gross School Enrollment 82% Calculate the income index, life expectancy index, and education index for Malaysia .
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A key theme of criticism of globalization is that it seems to unfairly reward the rich and punish the poor. One way to think about this is to look at the issue of income inequality. Technically, income inequality is the unequal distribution of household or individual income across the various participants in an economy. Income inequality is often presented as the percentage of income to a percentage of population. For example, a statistic may indicate that 70% of a country's income is controlled by 20% of that country's residents. Work on income inequality in the USA shows the change in income between 1980 and 2014 for every point on the distribution of people in terms of income percentile that is, we can track the changing distribution of income, from the poorest person to the richest person over that time span. As seen in the chart below, it’s mostly flat and close to zero, before spiking upward at the end—as such, some say it resembles a classic hockey-stick graph. Based on this…