. Consider two communities. In one community,ten families have incomes of $100,000 each and tenfamilies have incomes of $20,000 each. In the othercommunity, ten families have incomes of $250,000each and ten families have incomes of $25,000 each.a. In which community is the distribution of incomemore unequal? In which community is theproblem of poverty likely to be worse?b. Which distribution of income would Rawls prefer?Explain.c. Which distribution of income do you prefer?Explain.d. Why might someone have the oppositepreference?

Q: 2. Assume there is a community with 8 households and income distribution (1, 4, 5, 8, 10, 12, 15,…

A: Lorrenz Curve is a depiction income distribution with an economy . This curve is plotted with X-axis…

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Q: 3 Look at these eight explanations or definitions of poverty. Discuss with another student the…

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Q: Refer to the figure given below. A Lorenz Curve On the Lorenz curve shown in the diagram, 100- O A.…

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Q: ne of the major causes of income inequality is the difference in:

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Q: 1. Define the poverty rate. Does it rise or fall during recessions? a.Since the official poverty…

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A: *Answer:

Q: There are three agents, a, b, and c. Person a receives $500 in income, b receives $400, and c gets…

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Q: 00 96 5 Which of these is NOT a traditional cause of poverty? O technological change and…

A: Poverty refers to the inability of an individual or a family to secure basic needs.

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A: *Answer:

Q: c of poverty

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Q: Access to Education and Poverty: 2005 Data IG ge Sompletion by Income status and sth grade test…

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Q: [1] Consider an income distribution S: (10, 20, 30, 50, 100). Suppose it is divided into two groups,…

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