The World Banks threshold for extreme poverty is $1.25 per person per day. (a) How much annual

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The World Bank’s threshold for “extreme” poverty is $1.25 per person per day.

(a) How much annual income does this imply for a family of four?

(b) What portion of the official U.S. poverty threshold (roughly $29,000 for a family of four) is met by the World Bank’s measure?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 30, 2018 03:52 AM

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The World Banks threshold for extreme poverty is $1.25 per person per day. (a) How much annual

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a 1825per family b 6 percent Feedback a The World Banks thresho...View the full answer

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