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

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1 Given that For country C distribution of income is 12 235 For country D dis... View the full answer