📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A set of three statements regarding Human Development

    Index Report are given below. Read each statement and answer whether each statement is true or false? Statement 1 : The country with the largest decrease in HDI since 1998 is Zimbabwe. Statement 2 : Because of the new methodology adopted since the 2010 Human Development Report, the new reported HDI figures appear higher than the HDI figures in previous reports. Statement 3 : The groupings (high/medium/ low income countries) that were based on the gross domestic product (GDP) in purchasing power parity (PPP) per capita have been replaced by another index based on the gross national income (GNI) in purchasing power parity per capita.
    A True, False, True Correct Answer Incorrect Answer
    B False, False, True Correct Answer Incorrect Answer
    C False, True, False Correct Answer Incorrect Answer
    D All are True Correct Answer Incorrect Answer
    E All are False Correct Answer Incorrect Answer

    Solution

    Because of the new methodology adopted since the 2010 Human Development Report, the new reported HDI figures appear lower than the HDI figures in previous reports. From 2007 to 2010, the first category was referred to as developed countries, and the last three are all grouped in developing countries. The original "high human development" category has been split into two as above in the report for 2007. Some older groupings (high/medium/low income countries) that were based on the gross domestic product (GDP) in purchasing power parity (PPP) per capita have been replaced by another index based on the gross national income (GNI) in purchasing power parity per capita. The country with the largest decrease in HDI since 1998 is Zimbabwe, falling from 0.514 in 1998 by 0.140 to 0.374 in 2010. The country with the largest decrease since 2009 is Cape Verde, which decreased by 0.170.

    Practice Next
    More Economics Questions

    Relevant for Exams:

    ask-question