Solved: What is the traditional human development index, Microeconomics

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What is the traditional human development index

Question: Suppose a country has a life expectancy of 51.5, an adult literarcy rate of 62.6%, a combined gross enrollement ratio of 45%, and GDP per capita PPP of $853.

1. What is its Traditional Human Development Index (HDI)?

2. Calculate how much its life expectancy would have to rise to achieve "medium human development" status (that is, a Traditional HDI of 0.500) other things equal.

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Microeconomics: What is the traditional human development index

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