8. Calculate the HDI given the following information: • Assume life expectancy ranges from 20-80 years...
. The United Nations Human Development Index (HDI) uses information about a country’s life expectancy at birth (health), expected years of schooling and mean years of schooling (education), and Gross National Income per capita (standard of living) to create a measure that ranges from 1 (very high) to 0 (very low). For 2017, the United States had a value of 0.924, compared to 0.926 for Canada and 0.922 for the United Kingdom – very similar values. Based on this information,...
Please solve the following question. 1. The following are the components to calculate New Human Development Index for China and South Korea. Calculate the New Human Development Index for China and South Korea, and make your remarks basing on your calculations. Please show all working Index China 73.7 South Korea 80.7 Particulars Life Expectancy at Birth Mean Years of Schooling in years) Expected Years of schooling GNI per Capita 7.5 11.7 7945 11.6 17.2 28231 For minimum and maximum values,...
Table 1 provides the basic information you need to construct the human development index for the following countries. Countries Life expectancy Expected years Mean years at birth of schooling of schooling (years) 8.4 10.0 10.3 11.4 (years) 2.3 6.0 7.7 (years) 58.5 53.1 59.2 48.9 51.3 66.6 20.0 Mali Nigeria Zimbabwe Swaziland Sierra Leone Sao Tome and Principe Country with minimum value Country with maximum value Gross national income (GNI) per capita (2011 PPP $) 2,218 5,443 1,588 7,522 1,529...
this is all the information given Personal Financial Planning Mini-Case Jeff and Mary Douglas, a couple in their mid-30s, have two children - Paul age 6 and Marcy age 7. The Douglas' do not have substantial assets and have not yet reached their peak earning years. Jeff is a general manager of a jewelry manufacturer in Providence, RI while Mary teaches at the local elementary school in the town of Tiverton, RI. The family needs both incomes to meet their...
This year Evan graduated from college and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below: Cost of moving his possessions to the city (125 miles away) Interest paid on accumulated student loans Cost of purchasing a delivery uniform Contribution to State University deliveryman program $1,200 2,840 1,440 1,320 Calculate Evan's AGI and taxable income...