(a) How would you define poverty? (b) Explain why it is important to conduct accurate quantitative...

 

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(a) How would you define poverty? (b) Explain why it is important to conduct accurate quantitative poverty analysis. (c) If you were given the total household incomes for 2 poor households A and B, explain how you would rank these two households in terms of "poverty". (d) Poverty analysis may be conducted using either the expenditures or incomes of household. Explain (i) why expenditure may be more useful for poverty analysis in PICS (ii) why income may be a better measure in some PICS. (a) How would you define poverty? (b) Explain why it is important to conduct accurate quantitative poverty analysis. (c) If you were given the total household incomes for 2 poor households A and B, explain how you would rank these two households in terms of "poverty". (d) Poverty analysis may be conducted using either the expenditures or incomes of household. Explain (i) why expenditure may be more useful for poverty analysis in PICS (ii) why income may be a better measure in some PICS.

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a Poverty can be defined as a state of deprivation characterized by a lack of essential resources and capabilities needed to meet basic human needs and lead a decent life It is generally associated wi... View the full answer