The World Banks threshold for extreme poverty is $1.25 per person per day. (a) How much annual
Question:
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?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
a 1825per family b 6 percent Feedback a The World Banks thresho...View the full answer
Answered By
Qurat Ul Ain
Successful writing is about matching great style with top content. As an experienced freelance writer specialising in article writing and ghostwriting, I can provide you with that perfect combination, adapted to suit your needs.
I have written articles on subjects including history, management, and finance. Much of my work is ghost-writing, so I am used to adapting to someone else's preferred style and tone. I have post-graduate qualifications in history, teaching, and social science, as well as a management diploma, and so am well equipped to research and write in these areas.
4.80+
265+ Reviews
421+ Question Solved
Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
Question Posted:
Students also viewed these Business questions
-
If you had only $14 to spend per day (the U.S. poverty threshold), how would you spend it? What if you had only $2 a day (the World Bank severe poverty threshold)?
-
A paper released by the World Bank in 2014 states that while economic growth is essential for reducing poverty rates, growth by itself is not enough, and efforts to reduce poverty must be...
-
The World Bank works to alleviate world poverty. The Bank provides information about conditions in developing countries, which it uses to measure progress in economic and social development. World...
-
The shear shown is used to trim electronic-circuit-board laminates. Neglecting the thickness of the shearing blade and knowing that a vertical 3-kN shearing force at E is required to cut the...
-
A nurse has two solutions that contain different concentrations of a certain medication. One is a 20% concentration and the other is a 5% concentration? How many cubic centimeters of each should he...
-
In a USA Today survey of 510 people, 53% said that we should replace passwords with biometric security, such as fingerprints. The accompanying Stat-disk display results from a test of the claim that...
-
How is the issue price of a zero-interest-bearing note payable determined?
-
Revenues, production, and purchases budgets. The Suzuki Co. in Japan has a division that manufactures two-wheel motorcycles. Its budgeted sales for Model G in 2010 are 900,000 units. Suzukis target...
-
Interest rates are influenced by various factors reflecting demand for funds and the supply of funds available in the credit markets. Identify the key factors that changed the demand for and supply...
-
4. (Chapter 3) Skycell, a major European cell phone manufacturer, is making production plans for the coming year. Skycell has worked with its customers (the service providers) to come up with...
-
What market failure does Bill Gates (World View) cite as the motivation for global philanthropy?
-
There are 2.4 billion people are in severe poverty with less than $2 of income per day. (a) What is the maximum combined income of this severely poor population? (b) What percentage of the worlds...
-
Following are budget and actual figures for selected income and expense accounts for June and cumulative variances for each account through May. (Parentheses indicate an unfavorable variance.) Answer...
-
T/F: Developing conceptual models require both domain knowledge and modeling skills.
-
Can you extend it to different applications?
-
What are some of the issues that you can make out from this chapter?
-
What are the properties of domain models?
-
T/F: Traditional analysis patterns do not separate the core concepts of the domain from business-specific concepts.
-
Refer to the CREA Cities Only data online, which reports information on average house prices nationally and in a selection of cities across Canada. a. Develop an 80% confidence interval for the mean...
-
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
-
In 2007, Frank made an installment sale of real property to Stu, his son, for $1 million with payments due over a 10-year period. Frank did not file a gift tax return. For 2015, Frank reported...
-
Melvin funds an irrevocable trust with Holcomb Bank as trustee and reserves the right to receive the income for seven years. He provides that at the end of the seventh year the trust assets will pass...
-
In 2017, Sondra makes taxable gifts aggregating $300,000. Her only other taxable gifts amount to $200,000, all of which she made in 1997. a. What is Sondras 2017 gift tax liability? b. What is her...
-
What is the science of heating and cooling with water as the conveying medium called? a ) hypersonic b ) hydronics c ) cold fusion d ) hyperbolic
-
This homework is to be solved using concepts from sections 7.1 to 7.7 of your textbook and other prior sections in chapters 6 and 5. Solutions that include entropy balance concepts will not be...
-
Capacity of Connection. The capacity of the connection reflects the beam end-shear equilibrium (CS Fig. 8.2): beam that can be supported. Applying + 1 , = 0: - 0.5V beam + Fm = - 0.5V beam + 37.968...
Study smarter with the SolutionInn App