Discuss the difference between relative and absolute measuresof poverty.

Q: Compare and contrast the people living in poverty and extreme poverty.

A: The international poverty line is $1.90 per day according to the World Bank. In a developing…

Q: What are the Structural Causes of Poverty?

A: Poverty refers to the socio-economic issue that prevails in the society and is considered to be…

Q: Do the rich get richer and the poor get poorer? Explain please and be sure to differentiate between…

A: Poverty refers to a state under which a person is unable to meet his basing needs using the given…

Q: Define the term Concentrated poverty?

A: Absolute and Relative Poverty: The absolute poverty refers to poverty when the income of a person is…

Q: Poverty rates for females, Hispanics, and African Americans are for white males. much higher than…

A: Poverty rate for females, hispanics & african americans are mich higher than that for white…

Q: Which TWO of the following are most likely to be associated with an increase in the incidence of…

A: In an economy, when there is an increase in poverty, it implies higher inequality in income…

Q: What is the extent of economic inequality in America?

A: Inequality refers to the unequal or uneven distribution of income from person to person. This…

Q: What does the following measure? The percentage of people with an income below a certain level?…

A: Poverty line: - Poverty line is the minimum income level that is considered compulsory or necessary…

Q: Describe how the poverty line is estimated in India?

A: The lowest income deemed suitable in a given country is known as the poverty threshold, poverty…

Q: We are interested to know about the main factors that cause POverty.. WHAT is the cause of Poverty…

A: Poverty is a situation or situation where an individual or community lacks financial resources and…

Q: How is food security and employment linked to poverty?

A: Poverty is basically described as a lack of enough financial resources to meet basic needs such as…

Q: how does the TANF attempt to loosen the poverty trap

A: The TANF is the Temporary Assistance for Needy Families is a government policy in which the…

Q: there an increase in poverty and inequality?

A: poverty means lack of money to satisfy basic needs of life - food ,clothing and shelter inequality…

Q: Explain why, among Western nations, the United States has the highest percentage of children and…

A: A state of human condition where the person is not able to obtain a standard level of water, food or…

Q: What is income redistribution? Be specific and provide at least three examples.

A: Economics deals with the scarcity and unlimited wants of the people. The economy is bagged by scarce…

Q: How does the poverty cycle differ between rural and urban areas?

A: Poverty is defined as a state or condition in which an individual or a group lacks the financial…

Q: World Bank data show that in 1995, the poorest 20% of households accounted for 7.5% of household…

A: Lorenz curve: It refers to the curve that helps in showing the income inequality. This method is…

Q: What are some inherent practical problems and conceptual problems in measuring poverty.

A: Poverty is measured in the United States by contrasting an individual's or alternately family's pay…

Q: Explain the Central Roles of Education and Health in the fight against poverty.

A: Poverty: The term poverty refers to a situation where a person can not afford to buy basic needs…

Q: Part A: For each entry, compute the equivalent household income (Round to the nearest dollar) .…

A: Income Household size Per household income Above poverty line 24480 1 24480 no 32528 2 16264 no…

Q: Explain two solutions to overcome economic inequality.

A: Solutions to overcome inequality To overcome inequality,government should increase minimum wage law…

Q: Which of these is true about the Lorenz curve? a. allows us to rank all countries by the degree of…

A: In economics, there are different concepts used to explain or show the nature of economic variables,…

Q: State True or False: Compared with other developed nations, the United States has one of the highest…

A: US is one of the top developed country in the world. However, the picture is quite different in case…

Q: Describe the concept poverty line in detail

A: Poverty is an economic state of being in which an individual experiences a dearth of resources to…

Q: 2. Absolute poverty determines the minimum physical quantities of the requirement for a subsistence…

A: Absolute poverty determines the minimum physical quantities of the requirement for a subsistence…

Q: Indicators of income inequality and poverty Country Gini coefficient Ratio of income at Poverty…

A: The "Gini coefficient," which is directly linked to the Lorenz curve, is the most commonly used…

Q: Will The Tax Reform for Acceleration and Inclusion Law (TRAIN Law) will lessen or worsen poverty and…

A: TRAIN LAW or the Tax Reform for Acceleration and Inclusion Law is a enforced in Phillippines in…

Q: How do government statisticians determine the poverty rate? How could the poverty rate fall while…

A: The poverty means lacking in basic facilities such as food, shelter, cloth, etc.  The poverty…

Q: What is the meaning of the poverty??

A: Economic development refers to an improvement in the economic well-being and quality of life of a…

Q: 6. Official poverty thresholds measure poverty in households consisting of one, two, three, or four…

A: "Since you have asked multiple questions, we will solve the first one for you. If you want any…

Q: Country Gini coefficient Ratio of income Poverty rates at 90th % households percentile to below 50%…

A: Statement 1:  Overall level of inequality is measured by the Gini coefficient.  Higher income…

Q: What is absolute poverty?

A: ‘Absolute Poverty’ means poverty defined on a universal basis without reference to the income of…

Q: Define the following terms 1 Poverty

A: There are some specific terms to explain specific conditions such as inflation, poverty, and so on.

Q: concerning the Gini index, please indicate all the incorrect affirmations  a. Gini index measures…

A: Gini index measures the income distribution level among the people. It does so using Lorenz curve…

Q: Explain the viacious cycle of poverty

A: Due to low saving,low investment takes place,due to which low productivity and employment takes…

Q: Relate how poverty is measured and its incidence by age, gender, ethnicity, and other…

A: Poverty refers to the situation wherein the individuals lie in a well-being state when they have no…

Q: Identify national strategies to target social exclusion and poverty.

A: The social exclusion refers to the exclusion of a group of people from the prevalent social system.…

Q: Explain the visious cycle of poverty?

A: When saving is low,investment would be low,therefore productivity would be low,therefore employment…

Q: Analyze the poverty alleviation strategies in Pakistan?

A: Poverty alleviation strategies in Pakistan Increased allocations for the social safety net…

Q: Exemplify an example of social inequality on each category. Education Healthcare Sector…

A: Social inequality is one of the major social issues faced by any economy and act as a hurdle in…

Q: How has the definition of educational inequalitychanged?

A: Educational inequality refers to the unequal allocation of academic resources to socially…

Q: What government suppose to do to eradicate poverty in order to reduce the cost of living?

A: Fortunately, unique arrangement decisions can bring various results. At the point when the public…

Q: Poverty is measured by the number of people who fall below a certain level of income—called the…

A: In an economy, the term poverty is used to explains the income inequality as some of the people are…

Q: Compute the cumulative income share and neatly plot (using Excel) the Lorenz curve for these two…

A: The Lorenz curve is the graphical representation of the measure income or wealth inequality of a…