Consider a population of 10 people with the following incomes 1,1,3,3,4,4,4,6,8,10 with a poverty line of 5. Suppose that the poverty line increases to 6. Calculate the change in normalized poverty gap. 6.6 00.06 00.3 0.36

Consider a population of 10 people with the following incomes 1,1,3,3,4,4,4,6,8,10 with a poverty line of 5. Suppose that the poverty line increases to 6. Calculate the change in normalized poverty gap. 6.6 00.06 00.3 0.36

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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