Question 15 If we define poverty as income below $10,000 per year, we have set a(n) denominated absolute relative constrained definition of poverty.

Why is there reluctance on the part of some in the United States to redistribute income so that greater equality can be achieved?

What goods and services would you include in an estimate of the basic necessities for a family of four?

Table 15.9 shows the share of income going to each quintile of the income distribution for the United Kingdom in 1979 and 1991. Use this data to calculate what the points on a Lorenz curve would be, and sketch the Lorenz curve. How did inequality in the United Kingdom shift over this time period? How can you see the patterns in the quintiles in the Lorenz curves?