The poverty line for one person in Sichuan is about 6000 RMB. If you use the square root equivalence scale, what would be the poverty line for a household with 5 people? RMB 13416
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- Calculate NNPFC Given NDPFC is $3200 and net factor income from abroad is $5000The following table shows income distribution data for 2015 and 2020 from the World Bank in Colombia and Dominican Republic respectively. Quintile Colombia Lowest 20% Second 20% Third 20% Fourth 20% Highest 20% a. 2015 3.8 7.9 12.5 20 55.8 2020 2.8 7.4 11.9 19.6 58.3 Dominican Republic 2020 6.2 10.7 14.9 21.7 46.5 2015 5 9.3 13.8 20.9 51 Given the adoption of the Sustainable Development Goals (SDGs) by the UN in September 2015, what can you say about the effect on relative income inequality in these two countries? Can it be illustrated graphically? b. Consider a 12-person economy where the individuals are employed equally across the sectors. If the modern urban wage = £8, the informal urban wage = £3, and the tradition rural income = £1, what is the squared poverty gap index (P₂) given that the poverty line = £1.25? Suppose that rural income now rises to £2, other things being equal, how would you characterise and show this type of growth?Hand written plz otherwise skip
- How do you determine the unemplyment rate of 9% is there a formula?An advantage of the Multidimensional Poverty Index (MPI) over the Human Poverty Index (HPI) is that: (a) It adds up separate deprivations for the whole country, then takes averages, and then combines them. (b) It provides the sum of the difference between the poverty line and actual income levels of all people living below that line. (c) It gives the proportion of a country’s population living below the poverty line. (d) It takes into account that there are negative interaction effects when people have multiple deprivationsSaved Suppose that we have a country with a population of 60 million, where 3 million are below the poverty line. The poverty rate would be 4% 6%. 5%. 1%. Next 6 of 8 Prev **e re to search 5a
- Q10. Percentage of people below poverty line is called : - a) Head Count Ratio b) Poverty incidence ratio c) Both a and b d) None of theseN2 The current poverty level for a single household is $12,760 . For a house hold of four it's $26,200 . Using the percentage above (138%) , find the adjusted limits on the minimum income to qualify for Medicaid?Asap plz handwritten solution
- The data in the table characterizes the income distribution for a country. What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. Income category Share of income (%) Cumulative share of income (%) first quintile 7.0 --- second quintile 9.0 16.0 third quintile --- 35.0 fourth quintile 25.0 --- fifth quintile 40.0 --- percentage of population in second quintile: % What percentage of the total income for the country is earned by the third quintile? percentage earned by the third quintile: % What is the cumulative share of income earned by the poorest 80% of the population? percentage earned by the poorest 80%: %overty and Income Distribution in America: How Do We Measure Income Distribution ? Year Lowest Quintile | to 20% 60% 80% Тор 5% 40% to to to 40% 60% 80% 100% 1967 4.0 1970 4.1 1975 4.3 1980 4.2 1985 3.9 1990 3.8 1995 3.7 2000 3.6 2005 3.4 2010 |3.3 2013 3.2 10.8 10.8 17.3 24.2 43.6 17.2 17.4 24.5 43.3 16.6 10.4 17.0 24.7 43.6 16.5 16.5 17.6 10.2 16.8 24.7 44.1 9.8 16.2 24.4 45.6 9.6 15.9 24.0 46.6 18.5 9.1 15,2 23.3 48.7 21.0 8.9 14.8 23.0 49.8 22.1 22.2 23.0 23.4 50.4 8.6 8.5 14.6 14.6 50.3 21.3 8.4 14.4 23.0 51 22.2 O4:45/ 11:42 YouTube Q E: CC LJ Is increased income inequality a natural outcome of the a capitalist system? Select one: a. Yes b. NoExplain what the long- and short-termconsequences are of not promoting equality or workingto reduce poverty