Which of the following best explains the degree to which the Human Development Index (HDI) accurately calculates a country’s level of economic development?
(A) The HDI is a simplified means of comparing gross national income per capita in an indexed score that is on a 0 to 1.0 scale.
(B) The HDI is a simplified means of combining life expectancy and education levels in an indexed score that is on a 0 to 1.0 scale.
(C) Although the HDI factors in gross national income per capita, it also calculates indicators for health care and education to estimate the social aspects of development.
(D) Although the HDI factors in gross national income per capita, it also calculates the impact of exports and imports on the domestic economy.
(E) The HDI is a simplified means of ranking countries into distinct levels of development based on the total size of a country’s national economy.