Question: Question (15 marks) a. What is absolute poverty? How do we measure it? (5 marks) b. What groups in the population are most likely to

Question (15 marks) a. What is absolute poverty? How do we measure it? (5 marks) b. What groups in the population are most likely to live in poverty? Explain why. (4 marks) c. The following table presents data relating to income distribution of two countries. Using the data appropriately explain the level of income distribution in these two countries. Which country has a higher inequality of income? Explain why. (6 marks) Total income received % Fraction of the total Country A Country B households Poorest fifth 4 9 Second fifth 9 14 Third fifth 15 18 Fourth fifth 23 22 Richest fifth 49 37

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