What is the human development index (HDI)?(1 point)

Question

Responses

a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1
a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1

the total amount of goods and services in a market during one year’s period of time
the total amount of goods and services in a market during one year’s period of time

a comparison of the value of currency and prices between different places using a common “market basket” of goods and services
a comparison of the value of currency and prices between different places using a common “market basket” of goods and services

a term used when a value is divided by the number of people in an area
a term used when a value is divided by the number of people in an area

Answer 1

The correct response is:

a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1.