Problem
Discuss the differences between the traditional HDI (examined in Appendix 2.1) in comparison to the New NHDI formulation. In what ways do you think either one is a better measure of human development? In your answer, consider the significance of computing with a geometric mean, instead of an arithmetic mean.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.