Question 1: You are given the following incomes for a population: {10,11,12,13,14}. Let the poverty line...
Question 1: You are given the following incomes for a population: {10,11,12,13,14}. Let the poverty line be 11.5. Find the poverty gap index measure of poverty.
a..044
b..091
c..035
d..040
Question 2: Now compare the income distribution in question 1 with the following distribution, {11,12,13,14,15}. Call this distribution B and the one from question 1, A. If we don’t know the poverty line, except we know it is above 10, can we tell which distribution has less poverty.
| a. |
A |
|
| b. |
B |
|
| c. |
We cannot tell without more information |
|
| d. |
The same |
Homework Answers
Solution-
Poverty gap index is used to measure the intensity of poverty. It indicates the poverty gap in the population as a means of poverty line.
Option C is right.
2) We cannot exactly which distribution would have less poverty without knowing the exact value of poverty line. The answer would be misleading without having an exact value of poverty line as a reference.
option C is correct.
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