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(Solved): This graph shows historical data of HDI and GDP in China. Based on the graph, which of the followin ...
This graph shows historical data of HDI and GDP in China. Based on the graph, which of the following is true? (Select all that apply.)
There can be diminishing returns to GDP to increase HDI in China as its GDP grows. When GDP is low, as GDP increases, HDI tends to increase rapidly. When GDP is high, as GDP increases, HDI tends to increase marginally. One policy implication is that the other dimensions (such as education and health) also matter if China would like to increase its HDI proportionately as its GDP grows.