The table below provides relevant indicators for two countries. Madagascar 65.5 Relevant Measures Life expectancy at...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The table below provides relevant indicators for two countries. Madagascar 65.5 Relevant Measures Life expectancy at birth Mean years of schooling Expected years of schooling GNP per capita (PPPS) Under-5 mortality rate (per 1,000) Political and civic freedoms (aggregate score) Social safety and security 6.1 10.3 1,320 49.6 56 2.243 Equatorial Guinea 57.9 5.5 9.2 21,517 94.1 8 2.424 i. Use the information from the table to calculate the HDI and NHDI¹ (use default maximum and minimum values for each index as stated in the textbook) for each country. [Clearly show all workings]. ii. What can you say if you compare the traditional measure (PCI) to the modern measure of development (NHDI) for each country? iii. How do the resulting NHDI scores and additional measures illustrate a possible weakness of the NHDI as a measure of choice/capabilities/freedoms? Provide necessary references if needed The table below provides relevant indicators for two countries. Madagascar 65.5 Relevant Measures Life expectancy at birth Mean years of schooling Expected years of schooling GNP per capita (PPPS) Under-5 mortality rate (per 1,000) Political and civic freedoms (aggregate score) Social safety and security 6.1 10.3 1,320 49.6 56 2.243 Equatorial Guinea 57.9 5.5 9.2 21,517 94.1 8 2.424 i. Use the information from the table to calculate the HDI and NHDI¹ (use default maximum and minimum values for each index as stated in the textbook) for each country. [Clearly show all workings]. ii. What can you say if you compare the traditional measure (PCI) to the modern measure of development (NHDI) for each country? iii. How do the resulting NHDI scores and additional measures illustrate a possible weakness of the NHDI as a measure of choice/capabilities/freedoms? Provide necessary references if needed
Expert Answer:
Answer rating: 100% (QA)
i Use the information from the table to calculate the HDI and NHDI use default maximum and minimum values for each index as stated in the textbook for each country Clearly show all workings Madagascar ... View the full answer
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
Students also viewed these marketing questions
-
Capstone project: quality control in the hospital the project is more experiential in nature where students take what theyve learned throughout the course of their graduate program and apply it to...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Before you begin this assignment, be sure you have read the UMUC Family Clinic Case Study below and your Week 1 and Week2 syllabus readings, which discuss EHR functionality and Process...
-
You are a financial adviser advising the owner of a multi-national business who is considering which of two countries is the most tax-efficient in which to domicile. You are given that the owner...
-
Larcker Logging Company is preparing a bid for the right to clear-cut a large parcel of state timberland. The bid will include a fixed annual stumpage fee to be paid to the state, and company...
-
In 2017, Caos compensation before his employers contribution to a SEP is $66,000. Up to what amount can Caos employer contribute and deduct in 2017?
-
Assume that Merrylands Markets had an inventory balance of \($32\) 570 at the close of the last accounting period. The following sales and purchase transactions are for the current period. Purchased...
-
The following information is stored in two relational database files: Employee Master File Social Security number Name Address Date hired Hourly wage rate Marital status Number of exempt ions Weekly...
-
(a) Discuss four benefits that would accrue to a foreign investor investing in the international bonds and (b) Highlight four conditions that must be met by a subsidiary before it could be considered...
-
Fourth-Sixth-Twelfth Bank currently pays an annuall dividend of $1.40 per share. After extensive analysis, you forecast that the Bank's stock will continue to pay the $1.40 dividend for four years....
-
Write an Email for the scenario below: Pretend your group is the leadership of a culinary club on campus. You want to have a meeting at the end of the school year to review the year's activities and...
-
What is variation?
-
Duchennes muscular dystrophy is a condition that affects many more males than females. Knowing only this, how do you think the condition is inherited?
-
A population of beetles that includes both sandy and green individuals is introduced into a grassy environment. How do you expect the population to evolve due to natural selection? Now suppose that...
-
How old is our species, the modern humans known as Homo sapiens sapiens?
-
You learned that when red snapdragons are bred with white snapdragons, the offspring are pink snapdragonsan example of incomplete dominance. What happens when you breed a pink snapdragon with another...
-
You are asked to mark-to-market the following swap contract. All quoted rates below are APRs, except OIS rates which are continuously compounded. Swap has 16 months remaining, next exchanges are in...
-
The words without recourse on an indorsement means the indorser is: a. not liable for any problems associated with the instrument. b. not liable if the instrument is dishonored. c. liable personally...
-
A debt of $100,000 is amortized at 6%, compounded monthly, over 25 years with 300 monthly payments of $644.30 each. The following figure includes two graphs: One shows the total amount paid (in...
-
In below Problems : (a) Find any horizontal and vertical asymptotes. (b) Find any relative maxima and minima. (c) Sketch each graph. 1. 2. 3. x y : +2 8( 2) = ?
-
Minimize g = 2y1 + 10y2 subject to 2y1 + y2 11 y1 + 3y2 11 y1 + 4y2 16 Write the dual maximization problem, and then solve both the primal and dual problems with the simplex method.
-
Why is gifting an important estate planning tool? Why are assets that grow in value recommended as gifts?
-
Following his death in 2012, Zane Wulster's gross taxable estate was valued at $3,300,000. He has made a total of $200,000 of gifts that exceeded the annual gift tax exclusion. a. What is the amount...
-
May Yee had a $950,000 net worth at the time of her death in 2012. In addition, she owned a $250,000 whole life policy with $40,000 of accumulated cash value; her niece was designated as the...
Study smarter with the SolutionInn App