Suppose that country B has a population of 5,000 households and a poverty line of $15,000. 4,000 households have expenditure levels of $10,000, below the poverty line of $15,000, while the remainder of households have expenditures above the poverty line. What is the poverty headcount ratio for this country?

Suppose that country B has a population of 5,000 households and a poverty line of $15,000. 4,000 households have expenditure levels of $10,000, below the poverty line of $15,000, while the remainder of households have expenditures above the poverty line. What is the poverty headcount ratio for this country?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter10: Labor Markets And Income Distribution

Section: Chapter Questions

Problem 11SQP

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Question

Suppose that country B has a population of 5,000 households and a poverty line of $15,000. 4,000 households have expenditure levels of $10,000, below the poverty line of $15,000, while the remainder of households have expenditures above the poverty line. What is the poverty headcount ratio for this country?

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