Answer the next 3 questions based on the following graph and information Population (N) = 1,000,000 Percent in absolute poverty ($456.25/yr) = 45% Annual Income 900 800 700 600 500 400 300 200 100 50 50 40 10 20 30 40 31. Headcount Index = a. .1 b. .15 45% C. .35 d. .4 .45 60 60 70 80 0 06 90 % of Population

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Answer the next 3 questions based on the following graph and information
Population (N) = 1,000,000
Percent in absolute poverty ($456.25/yr) = 45%
Annual
Income
900
800
700
600
500
400
300
200
100
50
50
40
10
20
30
40
31. Headcount Index =
a. .1
b. .15
45%
C. .35
d.
.4
.45
60
60
70 80
0
06
90
% of
Population
Transcribed Image Text:Answer the next 3 questions based on the following graph and information Population (N) = 1,000,000 Percent in absolute poverty ($456.25/yr) = 45% Annual Income 900 800 700 600 500 400 300 200 100 50 50 40 10 20 30 40 31. Headcount Index = a. .1 b. .15 45% C. .35 d. .4 .45 60 60 70 80 0 06 90 % of Population
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