Would the following critiques of a poverty line produce a poverty rate that under or overstated poverty? It is absolute in a country where income is [Choose) growing it does not include non-cash benefits v [ Choose ] understate overstate It ignores high cost of healthcare (Choose ] It ignores the severity of poverty ( Choose) food is less expensive now than when the ( Choose ) OPM was established

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: 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: What is so bad about extreme inequality? Provide one (1) answer, as suggested in Todaro.

A: Inequality measures the disparity in terms of income, and other facilities, which exists among the…

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: 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: The dynamic nature of poverty can be observed through... [Select multiple answers]    a transition…

A: Poverty refers to the situation when some of the people are unable to get basic necessities with…

Q: Which of the following are effective anti-poverty policies?     a) Rent controls     b) Farm…

A: Poverty is very serious issue in most of the country around the world. So, government of the country…

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: Which of the following is not linked to wage inequality for Latinas and African American women? Rise…

A: Wage inequality describes how wages are distributed unequally across a population.Measures of pay…

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: Due to a stagnant income for 23 years, the number of Mexicans who cannot buy the basic basket has…

A: Consumer price index is the average change in the prices for a basket of goods and services over…

Q: Absolute poverty may differ from country to country by    a. income brackets b. health metrics c.…

A: When talking about absolute poverty, it does not only depends upon living standards based on…

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: A governmental agency determines that the Lorentz curves for the  distribution of income for two…

A: The Lorenz curve is a way to measure income inequality. In this method, we arrange individuals of a…

Q: On the Lorenz curve, a household earning the median income is in the _______________ quintile.…

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

Q: Why is the wage distribution positively skewed? (ii) Describe how to calculate the Gini coefficient.…

A: The Gini coefficient's principal advantage is that it is a proportion of imbalance, not a…

Q: As income transfer programs accompanying the War on Poverty increased beginning in the latter half…

A: Income transfer program gives payment benefits to the people who position below certain level of…

Q: Which of the following statements is/are TRUE? I. Country A has the least inequality in income…

A: In economics, the Lorenz curve and the Gini coefficient are used to study the distribution of income…

Q: Select all true statements about the evolution of inequality in Canada between 1975 and 2019…

A: If we look at data from the World bank, we will get the data of the Gini Coefficient for the country…

Q: The graph below shows the Lorenz curves of two different countries stylistically called ‘red’ and…

A: The Gini index, often known as the Gini coefficient, measures income distribution throughout a…

Q: Income inequality at one point in time is sometimes consistent with the income equality over time.…

A: Income inequality depicts that the distribution of income in any income is not same.

Q: Two competing approaches in explaining the phenomenon of poverty inequality and solutions to…

A: The present period is influenced by different emergencies either on homegrown or unfamiliar scenes…

Q: Which of the following is a reason for increased income inequality? Market forces lead to highly…

A: Income Inequality: The term income inequality refers to the situation wherein a society few people…

Q: Suppose that the Gini coefficient for Niger is 0.23 and the Gini coefficient for Canada is 0.34.…

A: Poverty refers to a condition of people in which they are unable to afford even the basic…

Q: In the United States, the incidence of poverty has declined since the 1970s. True False

A: Answer: True, Explanation: The incidence of poverty measures the proportion of families/individuals…

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: 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: Explain how “Mano Dura” criminalized the poverty in Puerto Rico

A: In February 1993, war was declared in Puerto law. in a very special legislative address,…

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: In an effort to make the distribution of income more nearly equal, the government of a country…

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

Q: Which of the following statements is/are TRUE? I. Country C has the least inequality in income…

A: Lorenz curve: - It is the graphical way of showing the distribution of income or wealth. Gini index:…

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: The FGT0 measure does not reflect the depth of poverty below the poverty line. [6] (i) Suggest a…

A: The FGT indices or the Foster–Greer–Thorbecke indices are a group of indices used to measure…

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: Which statements are true? 1. Modern sector enlargement assures a better Lorenz Curve for a nation.…

A: 1)Enlargement only in the modern sector does not guarantee a better Lorenz curve. Lorenz curve shows…

Q: Why would income inequality be as damaging as poverty?  Explain each concept.

A: Income inequality refers to the unequal distribution of income among the population. This implies…

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: 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: Lorenz curves of two different countries stylistically called ‘red’ and ‘green’.

A:

Q: List three policies that can affect the level of economic inequality.

A: In the set of development instruments of a country, the economic inequality is always kept on the…

Q: Which of the following is NOT a component of the Multidimensional Poverty Index? Whether or not the…

A: To provide a more detailed examination of the amount of poverty and hardship, multidimensional…

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…