The Human Development Index (HDI) Is a Statistic to Compare

question 12

Multiple Choice

The Human Development Index (HDI) is a statistic to compare quality of life in different places. Examine the figure in the "Exploring Science" box. Based on this information why do you think some countries have low HDI values compared to others?

• A) People live longer and have greater incomes in these locations.
• B) Poverty, hunger, and health problems are greater in these places.
• C) The majority of the data is collected by U.S. agencies and is biased.
• D) Literacy and education is higher in these locations compared to others.
• E) The quality of life in these places in high

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Definitions:

Marginal Resource Cost

The additional cost incurred by acquiring one more unit of a resource.

Imperfectly Competitive Market

A market structure characterized by a few sellers, product differentiation, and barriers to entry, where firms have some control over market prices.

Real Wages

Wages adjusted for inflation, reflecting the true purchasing power of an individual’s income over time.

Growing Population

An increase in the number of individuals in a population, typically due to birth rates exceeding death rates.