Economics Hdi Questions
The Human Development Index (HDI) does not directly reflect income mobility. The HDI is a composite measure that takes into account three dimensions of human development: life expectancy, education, and income. It provides a snapshot of a country's overall development level based on these factors. Income mobility, on the other hand, refers to the ability of individuals or households to move up or down the income ladder over time. While the HDI indirectly reflects income levels through its income component, it does not capture the dynamics of income mobility within a country.