Consider the following two countries (A and B). There are 10 people living in each country. Daily
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Consider the following two countries (A and B). There are 10 people living in each country. Daily income in each country for each individual (in $) is given in Table 1. Suppose the poverty line is $2 a day.
2-1. Compute the head-count index for each country.
2-2. Calculate the poverty gap in each country.
2-3. Using the Foster-Greer-Thobecke measure, calculate the measure with ???? = 2.
2-4. Discuss differences between the results you obtained for questions 2-1, 2-2, and 2-3. Why do you observe these differences, and how do we interpret these results?
Related Book For
Thomas Calculus Early Transcendentals
ISBN: 9780321884077
13th Edition
Authors: Joel R Hass, Christopher E Heil, Maurice D Weir
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