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#11 pt. 1 As your textbook discusses, one shortcoming of GDP as a measure of standard of living is that it might not accurately reflect

#11 pt. 1

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As your textbook discusses, one shortcoming of GDP as a measure of standard of living is that it might not accurately reflect people's life satisfaction or happiness. A related criticism is that it is not a good measure of human development, which the United Nations describes as the "expansion of people's freedoms to live long, healthy and creative lives." The U.N. publishes the Human Development Index (HDI) for every country in the world, which not only includes per capita income, but also life expectancy and education. The graph below compares the index for education and life expectancy (on the y axis) to per capita income (on the x axis). The value for the HDI can range from 0 to 1, with 1 being the highest level of development. The two dashed lines represent the average level of development and average per capita income for all countries. * Australia 0.9 New Zealand. . United States Singapore 0.8 United Arab Emirates 0.7 Kuwait-- 0.6 HDI (2018): Education and Health 0.5 Equatorial Guinea 0.4 CAF " Chad 0.3 0 2 0.1 0 SO $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 Per Capita Income (2018) 1st attempt Part 1 (1 point) See Hint Look at the data plotted in the graph. Each blue diamond represents a country. Which of the following statements best explains the relationship between per capita income and the HDI? Choose one: O A. As per capita income increases, development increases at a decreasing rate. O B. As per capita income increases, development increases at a constant rate. O C. As per capita income decreases, development decreases. O D. As per capita income increases, development increases at an increasing rate

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