2024 A/L Economics Past Paper – Question MCQ 38 Answer

Sanath Withanage

Question:

Which of the following is NOT a component of the Human Development Index (HDI)?
(1) Life expectancy at birth.
(2) Mean years of schooling.
(3) Expected years of schooling.
(4) GNI per capita (PPP $).
(5) Income inequality (Gini Coefficient).

Correct Answer:

(5)

Answer Explanation:

The standard HDI has three dimensions: Health, Education, and Living Standards. Inequality is not a direct component (though there is a separate “Inequality-adjusted HDI”).


Topic: Economic Growth Year: 2024

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