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Assume that there are 4 individuals in Countries A and B. The international poverty line is...
2. Gini Index Income Decile Income Share 0.05 0.1 0.15 0.2 0.25 0.35 un 0.45 1...
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...
1. If the distribution of income in country "C"is (1, 2, 2, 3, 5), and in...
1. If the distribution of income in country "C"is (1, 2, 2, 3, 5), and in country "D" it's (1, 1, 2, 3, 5). The poverty line in both countries is 2.5 a) By the average income shortfall (AIS) measure which country has more poverty? b) By the headcount index measure which country has more poverty? C) By the average poverty gap (APG) which country has more poverty? d) Calculate the FGT index for each country using p-alpha = 2
A2. Suppose an international development bank is deciding whether to use the headcount index or the...
A2. Suppose an international development bank is deciding whether to use the headcount index or the poverty gap to measure the effects of a country's poverty-reducing policies, as a criterion for additional lending. Explain how and why this decision might effect the nature of these policies. A3. Explain why the Solow (neoclassical growth) model predicts conditional convergence of per capita incomes across countries. A4. Countries A and B have just two age groups and each age group consists of equal...
B. Measuring Poverty - Person City A City B T03 456 120 250 300 120 250...
B. Measuring Poverty - Person City A City B T03 456 120 250 300 120 250 300 1310 1350 1310 1350 1500 B 5 00 800 990 1400 1500 2000 Assume that the poverty line is $1300. For each city calculate the following: (a) The Poverty Head Count (HC) (b) The Poverty Gap Index (PGI). (c) In terms of poverty, is one country better off than the other? Explain why or why not in terms of the HC and PGI?
Using the information from the table below, calculate and interpret the poverty gap for a country...
Using the information from the table below, calculate and interpret the poverty gap for a country in which 80% of the population is below the poverty line of $1 a day. Distribution of daily income Between 0 and 20 cents Between 20 and 40 cents Between 40 and 60 cents Between 60 and 80 cents Between 80 and 100 cents Percentage of population 20 15 15 10 20 (b) [ 4 points] What is the advantage of this measure over...
Question 2 Consider countries A and B, each with a population of cight individuals and an...
Question 2 Consider countries A and B, each with a population of cight individuals and an income per capita equal to S5 USD dollars (PPP) per day. Tables 1 and 2 provide the information on income for each individual in country A and B, respectively. The poverty line is z-S5 USD Dollars (PPP) per day. Your job is to calculate and report the different FGT poverty indexes for each country remembering that: To do so, complete the following steps. a)....
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...
Consider a model world consisting of two countries: A and B. The countries trade some e good in the international market. The respective suppy and demand curves of the wP and are described by - 4...
Consider a model world consisting of two countries: A and B. The countries trade some e good in the international market. The respective suppy and demand curves of the wP and are described by - 480-12P and Q 280+8P(for country Ay lar necessary either work B92+ 6P (for country B). Please answer the following questions; wheren with fractions or round to the fourth decimal place trade some generic (a) In the absence of international trade, find domestic equilibria in the...
Assume that the share of population employed in all countries is 50%. Based on the information...
Assume that the share of population employed in all countries is 50%. Based on the information below, which country has the smallest real GDP per capita? CountryPopulation (millions)Average labour productivity (S) 100 150 75 250 95 2000 10 000 25 000 50 000 60 000 Select one: a. Country B b. Country A c. Country D Od. Country C
4. (LO3) The data for three countries (all with the same base year, with figures converted to Canadian dollars) are...
4. (LO3) The data for three countries (all with the same base year, with figures converted to Canadian dollars) are shown in Table 4.11. le fi 15 TABLE 4.11 2.05 2.8 9.2 0.85 10.3 Population (millions) 35 Nominal GDP ($billions) $ 715 2200 2875 Altria Price Index 2009 = 100 140 120 180 o Pre Ho Mo Bergan 75 Casper 150 Calculate the real GDPs per capita for each country and rank them in size. Country Real GDP per Capita...
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...
1. If the distribution of income in country "C"is (1, 2, 2, 3, 5), and in country "D" it's (1, 1, 2, 3, 5). The poverty line in both countries is 2.5 a) By the average income shortfall (AIS) measure which country has more poverty? b) By the headcount index measure which country has more poverty? C) By the average poverty gap (APG) which country has more poverty? d) Calculate the FGT index for each country using p-alpha = 2
A2. Suppose an international development bank is deciding whether to use the headcount index or the poverty gap to measure the effects of a country's poverty-reducing policies, as a criterion for additional lending. Explain how and why this decision might effect the nature of these policies. A3. Explain why the Solow (neoclassical growth) model predicts conditional convergence of per capita incomes across countries. A4. Countries A and B have just two age groups and each age group consists of equal...
B. Measuring Poverty - Person City A City B T03 456 120 250 300 120 250 300 1310 1350 1310 1350 1500 B 5 00 800 990 1400 1500 2000 Assume that the poverty line is $1300. For each city calculate the following: (a) The Poverty Head Count (HC) (b) The Poverty Gap Index (PGI). (c) In terms of poverty, is one country better off than the other? Explain why or why not in terms of the HC and PGI?
Question 2 Consider countries A and B, each with a population of cight individuals and an income per capita equal to S5 USD dollars (PPP) per day. Tables 1 and 2 provide the information on income for each individual in country A and B, respectively. The poverty line is z-S5 USD Dollars (PPP) per day. Your job is to calculate and report the different FGT poverty indexes for each country remembering that: To do so, complete the following steps. a)....
Consider a model world consisting of two countries: A and B. The countries trade some e good in the international market. The respective suppy and demand curves of the wP and are described by - 480-12P and Q 280+8P(for country Ay lar necessary either work B92+ 6P (for country B). Please answer the following questions; wheren with fractions or round to the fourth decimal place trade some generic (a) In the absence of international trade, find domestic equilibria in the...
Assume that the share of population employed in all countries is 50%. Based on the information below, which country has the smallest real GDP per capita? CountryPopulation (millions)Average labour productivity (S) 100 150 75 250 95 2000 10 000 25 000 50 000 60 000 Select one: a. Country B b. Country A c. Country D Od. Country C
4. (LO3) The data for three countries (all with the same base year, with figures converted to Canadian dollars) are shown in Table 4.11. le fi 15 TABLE 4.11 2.05 2.8 9.2 0.85 10.3 Population (millions) 35 Nominal GDP ($billions) $ 715 2200 2875 Altria Price Index 2009 = 100 140 120 180 o Pre Ho Mo Bergan 75 Casper 150 Calculate the real GDPs per capita for each country and rank them in size. Country Real GDP per Capita...
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