Question: How can I answer the following questions below please? Select all true/valid facts only. 1. Select all true statements regarding the measures of poverty LIM

 How can I answer the following questions below please?Select all true/validfacts only.1. Select all true statements regarding the measures of poverty LIM(low income measure) and MBM (market basket measure) in Canada. The LIM

How can I answer the following questions below please?

Select all true/valid facts only.

1.

changes when the median income changes, but MBM is unaffected by themedian. If the disposable income of every individual increases, the number ofindividuals below the poverty line will increase based on the MBM but

Select all true statements regarding the measures of poverty LIM (low income measure) and MBM (market basket measure) in Canada. The LIM changes when the median income changes, but MBM is unaffected by the median. If the disposable income of every individual increases, the number of individuals below the poverty line will increase based on the MBM but may not change based on the LIM. The LIM changes when the consumer price index (CPI) changes, but MBM is unaffected by CPI. The proportion of poor for the 65 years and older group is the smallest when the poverty is measured by LIM. In general, the proportion of poor in a given group is higher when we use LIM than when we use MBM.Select all facts about the evolution of inequality in the world between 1960 and 2017? If you miss one valid fact andior select an invalid one you obtain 0. Inequality of the real per capita GDP across countries has decreased. E J The proportion of poor countries has decreased. E J Inequality at the individual level has decreased. E J Inequality at the individual level did not increase as much as inequality at the country level. I J The proportion of poor countries has increased. E J Inequality at the individual level has increased. E J Inequality of the real per capita GDP across countries has increased. E J Inequality at the individual level did not decrease as much as inequality at the country level. Based on what you learned in this course, select all true statements. C] A comovement between two variables does not carry any information about how they are related. C] The only way we can use macro-economic data to derive causal relationships between variables is to acquire background in economic theory and econometrics. C] Understanding all the facts presented in the course requires a great deal of economic theory background. C] None of the above

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