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

a term used when a value is divided by the number of
people in an area
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 comparison of the value of currency and prices between
different places using a common “market basket” of goods
and services
the total amount of goods and services in a market during
one year’s period of time

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 human development index (HDI) 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.

The correct answer 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 (1 point).

To get the answer, you can look for information on the Human Development Index (HDI). The HDI is a composite statistic that takes into account factors such as a country's income, life expectancy, and education. It is used to measure and compare the level of human development in different countries. The HDI is calculated on a scale ranging from 0 to 1, with 1 indicating the highest level of human development.