what knowledge about poverty severity we gain from looking at the poverty gap index and poverty head count index?

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: Thich one of the following would increase income inequality as measured by official Census data and…

A: Income inequalities increase the gap between the poor and the rich widens.  In this case if social…

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: Explain the relation of each and every box with the next box in separate elaborative points. And in…

A: When people or a group of people in the economy are unable to fulfill the basic needs and wants of…

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: Give a numerical example of how the headcount index doesn’t account for changes in the distribution…

A: The head count ratio (HCR) is the percentage of the population that falls below the poverty line. It…

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: The ratio of income to poverty is a measure of the depth of poverty. O True O False

A: Since you have posted multiple questions as per guidelines we can solve the only first question at a…

Q: The refers to the specific amount of income needed for a basic standard of living. poverty trap…

A: The amount required for a basic standard of living.

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: Which of the following is a major cause of income inequality in the Uinited States? O Progressive…

A: Income equality refers to the situation when the income in an economy is not distributed evenly.…

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

A: Poverty threshold refers to the minimum level of income deemed to be sufficient in a country. This…

Q: Provide a definition of the “poverty line.” How does the government calculate the measure (give…

A: Poverty is the state of being poor. That is, lacking financial resources and necessities for a…

Q: he following table summarizes the income distribution for the town of Perkopla, which has a…

A: Net income alludes to the sum an individual or business makes in the wake of deducting expenses,…

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: The Lorenz curve represents the relationship between a. the cumulative percentage of households and…

A: What is Lorenz curve.

Q: The following table summarizes the income distribution for the town of Perkopia, which has a…

A: Income inequality measures the difference in the distribution of income among different types of…

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: Would the following critiques of a poverty line produce a poverty rate that under or overstated…

A: It is absolute in a country where income is growing is a overstated. For non cash benefits, it is…

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: 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: In measuring poverty, what are factors excluded in the main definition of poverty that are included…

A: The resource definition for the Supplemental Poverty Measure includes not just monetary income, but…

Q: What are the principal causes of income inequality and what are popular and conventional measures to…

A: The measure that depicts the uneven distribution of income throughout a population is being known as…

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: Debate the economic arguments for and against income inequality

A: The unequal distribution of income across population is called income inequality. The dispersion is…

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: One theory of a contributor to poverty is that it plays an important role or function in society and…

A: Poverty in the simplest language or sense is known to be as the state where actually one lacks basic…

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: 28: What is Income Inequality? 29: What is meant by a Poverty Trap? 30: How are Labor Markets…

A: Inequality associated with income can be measured by Gini index/coefficient. Poverty is a situation…

Q: Briefly describe the Leydon Poverty Line and how it differs from objective measures of poverty.…

A: The Leyden poverty line (LPL) is based on an individual’s welfare function of income (WFI).

Q: How is the poverty rate calculated? What is the poverty line?

A: The poverty line refers to the number of people below a certain level of income. It states the…

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: Explain the concept of absolute poverty and relative poverty.

A: According to the given question Poverty is what we can say that when the public or the people lacks…

Q: What is income inequality?

A: The discrimination is the indication of treating people differently based on their gender, caste,…

Q: Discuss the difference between relative and absolute measuresof poverty.

A: Poverty is the economic situation in which an individual is unable to afford and consume the basic…

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

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