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

Q: Use quintiles to briefly summarize the degree of income inequality in the United States. How and to…

A: In 2016, the lowest quintiles’ average market income in the United States was $15,600 and for the…

Q: Which is a more equal economy? Economy B or C? Justify your answer 100 D 100 Percentage of income…

A: The Lorenz curve is regularly joined by a straight diagonal line with a slant of 1, which speaks to…

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: 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: Draw, on the same graph, a Lorenz curve representing i. Perfect income equality ii. Perfect income…

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

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: How does poverty arise?

A: Poverty is about not having enough resources to meet basic requirements of living including…

Q: Define the term “POVERTY”. What are the determinants of poverty?

A: Poverty is a state in which the individuals are not able to satisfy even the basic requirements of…

Q: 1.Is progress being made in the fight against poverty? Why or why not?

A: Poverty is one of the biggest economic and social issues that is faced by most of the countries in…

Q: What is the recent policies for Health, Education and Income Generation which do you think can…

A: ▪︎Recent Health policy - Health authorities in the United States draught legislation to safeguard…

Q: Are poverty rates rising or decreasing in the US? How has the gap between the rich and poor…

A: Because of the pandemic's economic impact and skyrocketing unemployment, poverty in the United…

Q: What are the measures that can be taken to reduce poverty ?

A: Poverty refers to lacking enough resources to produce the necessities of life—food, clean water,…

Q: What are the causal connections and intersections between poverty and wider social problems(such as…

A: Poverty is about not having enough resources to meet basic requirements of living including…

Q: Why inequality still exist?

A: Inequality refers to the state or situation of not being equal in various aspects such as rights,…

Q: The Lorenz curves in the graph above show the effects of a tax system on income inequality. Which of…

A: Analysis of the diagram In this graph we can see three lines. The first line is a straight line…

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 can you use this document to argue that the US should reduce economic inequality?

A: Economic inequality means that there is unequal distribution of wealth/income and opportunity among…

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: 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: How would a utilitarian, a liberal, and a libertarian determine how much income inequality is…

A: Inequality is how income and other factors are distributed unevenly through a society. The lower the…

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: List the economic problems that produce inequality?

A: Inequality in the economy is produced when there comes a difference in the distribution of wealth,…

Q: Which number line represents the solution to the inequality below? + 8 > 15 A. 32 33 34 35 36 37 38…

A: Given: x5+8≥15

Q: What are the 5 reasons for income inequality?

A: Uneven distribution of income throughout the population can be termed income inequality. This means…

Q: Explain two solutions to overcome economic inequality.

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

Q: Describe how anti-poverty programs can discourage the poor from working. How might you reduce this…

A: In an economy, government implements various policies and programs to provide assistance to the poor…

Q: Your friend points to the wages earned by your economics professor and her teaching assistant (TA)…

A: The economic lifecycle refers to the consumption and income patterns of individuals over the course…

Q: How does inequality affect the poor?

A: Generally, the term ‘Inequality’ means the difference between income and wealth within a society.…

Q: Assume that Al, Beth, Carol, David, and Ed receive incomes of $500, $250, $125, $75, and $50,…

A: Lorenz curve is that curve that shows the distribution of wealth or income with the population in…

Q: 3. Why do many economists think that some economic inequality can be a good thing?

A: Hi Student, thanks for posting the question. As per the guideline, we are providing answer for the…

Q: Poverty is a result of a mix of causes. What are they?

A: Poverty is defined as 'the lack of basic requirements of a household to have a good standard of…

Q: What is absolute poverty?

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

Q: n economy's Lorenz Curve reveals that an economy's highest income quintile has 65% of the economy's…

A: A Lorenz curve is a graph that shows how wealth or income are distributed across a population.…

Q: as a student, what can be done to address income inequality? Explain

A: Income inequality refers to the uneven distribution of income or wages throughout a population. The…

Q: What is poverty and what are three of its harmful environmental and health effects? About…

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

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 does a society or a country make the decisionabout the tradeoff between equality and…

A: Society and country are important for  factors in today's globalisation  world. They have to manage…

Q: Is progress being made in the fight against poverty? Why or why not?

A: Poverty is a situation or condition in which a person or a group lacks the financial means and…

Q: Describe the vicious cycle of poverty. What are the consequences of this cycle?

A: Poverty- It is the condition of being extremely poor.

Q: What are the two main attitudes that surround explanations for the causes of poverty in the US (name…

A: Poverty: It refers to a situation under which people of the economy are unable to fulfill their…