i need the answer quickly 2. Absolute poverty determines the minimum physicalquantities of the requirement for a subsistence level,lo with the help ofs ST8 ilsed bas noiss

Absolute poverty determines the minimum physical quantities of the requirement for a subsistence…

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Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 30CTQ: What goods and services would you include in an estimate of the basic necessities for a family of...

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Similar questions

Consider the following table that gives the monthly per capita consumption expenditure of 10 households with poverty line given as $510 per month. Poverty Gap is %. Monthly per capita consumption expenditure (In $) of 10 households 2 3 4ANSAGANZANNEANA1O O56 100 Country A 505 900 1200 400 300 1000 2500400 a. 17 O b. 13 C. 15 d. 20
What is true about income redistribution? Questic OA. Through income tax and redistribution, a dollar taken from a rich person ends up as a dollar in the hands of a O B. Taxing people's income from employment makes them work more so that their take-home income will increase O C. The greater the amount of income redistribution through income taxes, the greater is the inefficiency. OD. The big tradeoff is the tradeoff between income tax and redistribution.
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) Suppose that ina a there society Ceorge, are two people, Cos tas and only hite which share a fixed amount o f income t500 .The function Cos ta's usefulness in Uk=SO I, U=200xI,2 CWhere Ik and Ir is the income of Costas and George respectively) Suppose that the function of social well- being is W=UktOr. Determime the income distribution between Costo) and George who monimizes social prosperity. 1/2 while its function George is
What is poverty and what are three of its harmful environmental and health effects? About whatpercentage of the world’s people struggle to live onthe equivalent of $1.90 a day? About what percentage have to live on $3.10 a day? How are povertyand population growth connected? List three majorhealth problems faced by many of the poor.
00 96 5 Which of these is NOT a traditional cause of poverty? O technological change and globalization O drug addictions O lack of human capital O mental or physical disabilities OE Unit 7- Chapter 1.xlsx D: unit 7-Chapter 1..xlsx O Topic 2 (2).docx W Topic 2 (1).docx 73°F 近。 %23 OE ins prt sc delete 144 backspace D. H.
Which would be evidence of an increase in income inequality over time in the United States? O a decrease in the percentage of total personal income received by the highest quintile O an increase in the percentage of total personal income received by the highest quintile O an increase in the percentage of total personal income received by the four lowest quintiles O an increase in the percentage of total personal income received by the lowest quintile
Subject; Ec
Completed 15 out of 20 Submit All Question 9 of 20 If the poverty guideline for a family of four is $25,750, what is the most that a household can earn to be considered "near- poor"? O $19,312.50 O $12,875 O $32,187.50 O $25,750
In the United States in 2017 the median household income was $59,039. This means that: O A. the average income for a typical household was $59,039. OB. households earning at or below $59,039 were classified as being in poverty C. half of all the households in the United States earned less than $59,039 and half of all households in the United States earned more than $59,039. OD. only median households earn more than $59,039.
Using two demand and supply diagrams, one for the low-wage labor market and one for the high-wage labor market, explain how a program that increased educational levels for a substantial number of low-skill workers could reduce inflame inequality.
Explain how a country may experience greater equality in the distribution of income, yet still experience high rates of poverty. Hint: Look at the Clear It Up 'How do governments measure poverty in low-income countries?' and compare to Table 15.5.

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2. Absolute poverty determines the minimum physical quantities of the requirement for a subsistence level, with the help of s ss dilser ban nousouba