The education component of the HDI considers factors like:

Literacy rates
Average years of schooling
School enrollment
All of the above

The correct answer is: d) All of the above.

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. It is used to measure a country’s achievements in terms of longevity, education, and standard of living.

The education component of the HDI considers factors like:

  • Literacy rates: The percentage of the population aged 15 and above who can read and write.
  • Average years of schooling: The average number of years of schooling completed by the population aged 25 and above.
  • School enrollment: The gross enrollment ratio in primary, secondary, and tertiary education.

These factors are used to measure the level of education in a country and its contribution to human development.

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