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Scenario: In Riverland, life expectancy is rising and has just surpassed life expectancy in its ...

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Scenario: In Riverland, life expectancy is rising and has just surpassed life expectancy in its ...

Scenario: In Riverland, life expectancy is rising and has just surpassed life expectancy in its neighbor country, Lakeland.

Refer to the scenario above. This implies that ________.

▸ Riverland's Human Development Index has surpassed Lakeland's

▸ Riverland's per capita GDP likely will be greater than Lakeland's if the Human Development Index is greater

▸ Riverland's Human Development Index likely will be greater than Lakeland's if its per capita GDP is greater and schooling is of similar length and quality

▸ Riverland's per capita GDP has surpassed Lakeland's

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 62 times

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