Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The United States has a Human Development Index (HDI) of .914 and a Gross National Income of $53,750 per capita. Cuba has a Human Development

The United States has a Human Development Index (HDI) of .914 and a Gross National Income of $53,750 per capita. Cuba has a Human Development Index of .815 but a Gross National Income of only $18,520 per capita. What is the most likely explanation for Cuba's relatively high Human Development Index (HDI)? Question 1 options: Cuba ranks high in one or more of the following indicators: life expectancy, gender equality, literacy, and educational attainment Cuba's currency is undervalued, thereby understating the actual income level of Cubans. Gross National Income is not a factor used in calculating the Human Development Index. Cuba's low Total Fertility Rate of 1.7 children per woman of child-bearing age limits economic growth

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Health Care Management

Authors: Sharon B. Buchbinder, Nancy H. Shanks

3rd Edition

128408101X, 9781284081015

Students also viewed these Economics questions