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...
-
The following trial balance is taken from the General Fund of the City of Jennings for the year ending December 31, 2017. Prepare a condensed statement of revenues, expenditures, and other changes in...
-
The trial balances for FIRE and WALL as of 31 December 20x3 are as follows: Additional information: (a) On 1 January 20x2, FIRE purchased 70% of WALLs ordinary shares. At the date of acquisition,...
-
1. What is meant by a good will, and why is it the only thing good without qualification? 2. Out of what motives other than duty do people act? 3. If we do the right thing, such as not overcharging...
-
The Turners have purchased a house for $140,000. They made an initial down payment of $40,000 and secured a mortgage with interest charged at the rate of 4.5%/year on the unpaid balance. (Interest...
-
The database Boston Housing.xlsx** contains information on 506 census tracts around the city of Boston. The data include housing-related information (e.g., average rooms per dwelling) as well as...
-
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...
-
Calculate the net cash flow (in euros) to maintain the desired hedge. Show your calculations. With the US dollar currently trading at a forward premium and US interest rates lower than Spanish rates,...
-
7. Compute the total asset turnover ratio. Explain how this ratio has changed over this 2-year period. Is this change good or bad and why? How does this ratio compare to the industry standard of...
-
ABC, Inc. can buy a piece of equipment that is anticipated to provide an 11 percent return and can be financed at 9 percent with debt (assume ABC's corporate tax rate is 33.3%). Later in the year,...
-
(a) (5 points) What is the minimum and maximum number of padding bits that can be added to a message? (b) (5 points) In SHA-512, show the value of the length field in hexadecimal for the following...
-
The diameter of a human hair is 1.64 10 4 meters. What is this diameter in centimeters? The density of water at 0C is 0.99987 g/mL. What is the mass in kg of 199.0 mL of water?
-
You have the option of investing in one of two projects G: project G needs 1.000.000 immediatly and gives 2.270.000 after 4 years. K: Project K needs 1.200.000 immediatly and gives 2.500.000 after 5...
-
Is JetBlues competitive advantage sustainable? JetBlue was a domestic airline in the United States with a geographically diversified flight schedule that included both short-haul and long-haul...
-
1. Firms may hold financial assets to earn returns. How the firm would classify financial assets? What treatment will such financial assets get in the financial statements in accordance with US GAAP...
-
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...
-
A firm that is currently locating facilities in a large number of other countries in order to capitalize on lower production and distribution costs is at what level of global participation?...
-
B of Bombay consigned 400 packages of coffee to K of Kanpur. The cost of each package was Rs. 300. A sum of Rs. 2,000 was paid towards freight and insurance by B. In the transit, 60 packages were...
-
Synopsis In November 1999, ExxonMobil and its CEO Lee Raymond had to determine what course of action to take after two major partners, Royal Dutch/Shell and Frances TotalFinaElf, withdrew from the...
Study smarter with the SolutionInn App