Homework Answers
Here the word rate is used .
rate means changing expressing in terms of percentage.
so poverty rate is the percentage of people that lives under the poverty and makes the minimum amount of money to even to fulfill the necessary demand
An example can be of United States in year 2011 where poverty rate was 15%.
Poverty state is a condition in which people live below poverty line .
It is not represented in percentage.
poverty line is the level which describe so that to meet the minimum living condition ..
it is also not in represent in terms of percentage.
so the answer is option A
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The percentage of people in households with income under that which is sufficient to provide a...
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1. The level of income below which the federal government classifies a family as poor is called the: A. relative measure of poverty. B. poverty threshold. C. absolute measure of poverty. D. median income threshold. 2. What is the United States government's formal definition of the poverty line? A. It is the annual income level below which a household is exempt from taxes. B. It is a level of annual income equal to total income in society divided by the...
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Worsened Income Distribution under the Modern-Sector Enrichment Growth Typology (Lorenz curve) Why does the poverty gap...
Worsened Income Distribution under the Modern-Sector Enrichment
Growth Typology (Lorenz curve)
Why does the poverty gap increase when there is a growth in the
modern sector enrichment? Why does inequality increase?
100 100 Percentage of income recipients Percentage of income
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15. Two people live in Yolo County. Person 1 has income equal to zero. Person 2...
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QUESTION 6 Which statement below is correct? In rich countries such as the US, there cannot...
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The following table summarizes the income distribution for the town of Perkopia, which has a population of 10,000 people. Every individual within an income group earns the same income, and the total annual income in the economy is $500,000,000. Suppose that in 2000, the poverty income threshold, or poverty line, is set at an annual income of $12,700 for an individual Share of Total Income in Perkopia (Percent) Year Lowest Quintile Second Quintile Middle Quintile Fourth Quintile Highest Quintile 1994...
6. Below is the income distribution of country X and Y. The citizens’ income are ranked...
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Millennium Development Goals (MDGs) aimed to: A. reduce the percent of the world suffering from hunger...
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2. Gini Index Income Decile Income Share 0.05 0.1 0.15 0.2 0.25 0.35 un 0.45 1 a. Graph the Lorenz Curve for the table above. (If it helps to be more precise than the table: the Lorenz curve has a slope of 0.05 from 0 to 0.5 of the income distribution, a slope of 0.1 from 0.5 to 0.8 on the income distribution, and a slope of 0.2 from 0.8 to 1 on the income distribution) b. Calculate the Gini...
Worsened Income Distribution under the Modern-Sector Enrichment
Growth Typology (Lorenz curve)
Why does the poverty gap increase when there is a growth in the
modern sector enrichment? Why does inequality increase?
100 100 Percentage of income recipients Percentage of income
100 100 Percentage of income recipients Percentage of income
15. Two people live in Yolo County. Person 1 has income equal to zero. Person 2 has income equal to 100. The poverty line in Yolo County is 50. Calculate and report the following: A. The Poverty Head Count Ratio B. The Income Gap Ratio C. FGT=2 D. The Gini Coefficient
QUESTION 6 Which statement below is correct? In rich countries such as the US, there cannot be many poor people. Everyone with income above the poverty line is considered rich. Poverty as a concept cannot be clearly defined because it is about how people feel about themselves. Regardless of how much money a family makes, it is always possible that the family is poor,
The following table summarizes the income distribution for the town of Perkopia, which has a population of 10,000 people. Every individual within an income group earns the same income, and the total annual income in the economy is $500,000,000. Suppose that in 2000, the poverty income threshold, or poverty line, is set at an annual income of $12,700 for an individual Share of Total Income in Perkopia (Percent) Year Lowest Quintile Second Quintile Middle Quintile Fourth Quintile Highest Quintile 1994...
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