If a family of three earned $20,000, would they be able to make ends meet given the official poverty threshold?

Q: Explain why the poverty gap ratio is the better target measure of poverty than the head- count…

A: The poverty gap represents the intensity of poverty in a country while the head-count ratio shows…

Q: The U.S. poverty rate for African Americans is substantially higher than that for Asians. True or…

A: Poverty refers to the situation of not having enough income of material possession to have a minimum…

Q: what knowledge about poverty severity we gain from looking at the poverty gap index and poverty head…

A: Poverty is when the household or individual lacks the basic resources and income, and thus basic…

Q: Economics Suppose that at date 1 the distribution of income is (1, 2, 3), while later, at date 2, it…

A: Income Inequality refers to the unequal distribution of income among the individuals of an economy.…

Q: What is the difference between an absolute and a relative poverty threshold?

A: There are some sections of an economy that are deprived of the basic necessities of life due to a…

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: Suppose a Lorenz curve for a particular country is f(x)=x^2for 0≤x≤1. What is the Gini index of…

A: Gini index  (GI) can be calculated by using the following formula.

Q: Explain the feminization of poverty?

A: Poverty refers to the state in which an individual lacks the income and basic facilities for the…

Q: Consider an income distribution S: (10, 20, 30, 50, 100). Suppose it is divided into two groups,…

A: Poverty line  The poverty line in an economy represents the minimum level of income, which shows the…

Q: can you explain what generational poverty is and how it can be solved?

A: Generational poverty is very bad situation of the people who are living in a poverty situation at…

Q: How to redistribute income to reduce poverty, without causing loss of economic incentives.

A: Answer: Redistribution of income to reduce poverty can be achieved through the following ways:…

Q: What are the principal economic characteristics of poverty groups? What do these characteristics…

A: Poverty means poor people who are working for surviving in their life. It means they are living…

Q: Q10. Percentage of people below poverty line is called : - a) Head Count Ratio b) Poverty incidence…

A: Poverty refers to the position of not having enough material possessions or income for a…

Q: What are some contributors to the poverty cycle in your local community? How can we balance…

A: As an Gender inequality, racial systems, racial or ethnic discrimination are all economic as well…

Q: Explain the Lorenz Curve.

A: A Lorenz curve may be a graphical representation of income inequality or wealth inequality developed…

Q: The income distribution for a population of 5 individuals is given as: 2,3,4,5 and 6. The poverty…

A: Foster-Greer-Thorbecke Method is a method to measure poverty line. People whose income is less than…

Q: If the poverty guideline for a family of four is $25,750, what is the most that a household can earn…

A:

Q: If the poverty threshold is approximately $16,000 for a household of three, what is the ratio of…

A: Given information - Poverty threshold = $16,000 Total family income = $12,000 Formula for…

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

A: The Tax Reform for Acceleration and Inclusion Law  aims at lowering the tax rates on normal citizen…

Q: Define poverty line ?

A: There is minimum level of income required in a particular country.

Q: Why is there so much wealth inequality?

A: Wealth refers to the assets held by a person which includes property and financial assets. Wealth…

Q: When was (is) someone more likely to be born into poverty? Today or in the past?

A: Poverty is a social-evil that forces the economy to stay inside the realm of poverty making it…

Q: What are the benefits to POLICY MAKER when we studied the relationship between the migration and the…

A: Economic inequality can take several forms, the two most frequent of which are differences in wealth…

Q: What are effects of poverty?

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

Q: Which statements are TRUE?    Perfect inequality in distribution of income can be exhibited in…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Since the official poverty line was set at $3000 in 1964, prices have risen by about a factor of…

A: The personal income is that the quantity of cash required to fulfill the clean wants of life. The…

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: What are some of the causes of the poverty trap? O Over the years a person cannot breakeven. O…

A: Poverty Trap:- It is a vicious cycle of poverty in which people from one generation to next…

Q: What percentage of families in the United States is classified as poor? Which demographic groups…

A: Poverty refers to the situation in which a family lacks the resources to meet basic needs such as…

Q: Job training and retraining have long been part of poverty-fighting programs. But do they work?

A: Job training is learning by gaining hands-n experience and getting to learn a new skill. It trains…

Q: How are Labor Markets Affected by Discrimination? What is meant by a Poverty Trap?

A: Hi, thank you for the question. As per our Honor code, we are allowed to attempt only first…

Q: Explain the trade-off between equity and efficiency in poverty-reduction policy.

A: Equity refers to the concept wherein the citizens of the country are included. It allows the…

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: Which of these is true of the Lorenz curve? The further away it is from the 45 degree line the more…

A: The curve that depicts the degree of wealth or income inequality in the economy is being known as…

Q: Why the research of migrant workers that affect the income inequality is important to the community,…

A: A migrant worker is someone who migrates for work either inside or outside of their own country.…

Q: Explain the visious cycle of poverty?

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

Q: How has the definition of educational inequalitychanged?

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

Q: Why do you think there has been movement toward greater income equality during the 1929 to 1970…

A: The degree to which wealth is distributed unequally within a society is referred to as income…

Q: A mother who does not work receives $18,000 in welfare benefits from the government. Suppose that…

A: The poverty trap refers to the situation when it is not possible for the poor population to come out…

Q: What groups in the U.S. population are most likely tolive in poverty?

A: There many groups which are most likely to live in poverty according to race or ethnicity, age,…

Q: What factors have contributed to increased income inequality since 1970?

A: Income inequality tells us how unevenly income is distributed in a country. This means the different…

Q: In recent years, as the gap between the rich and the poor has increased, the Lorenz curve has

A: A Lorenz curve is a graphical representation of the distribution of income or wealth within a…