9 Suppose that there is a country with the following data for the year 2004:IndicatorCountry ValueLife Expectancy at Birth 55Adult Literacy Rate85Gross Enrollment Rate 70GDP per capita6.000Calculate the Old Human Development Index for this country for 2004.Note: Round your answers to three decimal places.Max85100100Min2500log(40.000) log(100)

The Human Development Index or HDI calculates a country's development through the four factors: mean…

Suppose that there is a country with the following data for the year 2004: Indicator Life Expectancy at Birth 55 Adult Literacy Rate 85 Gross Enrollment Rate 70 GDP per capita Country Value 6.000 Calculate the Old Human Development Index for this country for 2004. Note: Round your answers to three decimal places. Min 25 0 Max 85 100 100 log(40.000) log(100) 0

Suppose that there is a country with the following data for the year 2004: Indicator Life Expectancy at Birth 55 Adult Literacy Rate 85 Gross Enrollment Rate 70 GDP per capita Country Value 6.000 Calculate the Old Human Development Index for this country for 2004. Note: Round your answers to three decimal places. Min 25 0 Max 85 100 100 log(40.000) log(100) 0

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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G. Menges developed the following econometric model for the West German economy*: Yt = β0 + β1Yt−1 + β2 It + u1tIt = β3 + β4Yt + β5 Qt + u2tCt = β6 + β7Yt + β8Ct−1 + β9 Pt + u3tQt = β10 + β11 Qt−1 + β12 Rt + u4t where Y = national incomeI = net capital formationC = personal consumptionQ = profitsP = cost of living indexR = industrial productivityt = timeu = stochastic disturbances Required: a. Which of the variables would you regard as endogenous and which asexogenous?b. Is there any equation in the system that can be estimated by thesingle-equation least-squares method?c. What is the reason behind including the variable P in the consumption function?
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Question 2 Calculate new HDI for Egypt using the given actual values from Egypt: Actual life expectancy at birth: 73.5 Mean years of schooling: 6.4 Expected years of schooling: 12.1 GNI per capita: 5,401 How would you classify Egypt based on the NHDI you found? Click on reveal once you are done calculating NHDI (0.662) Full explain this question and text typing work only thanks
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