The dynamic nature of poverty can be observed through... [Select multiple answers] a transition matrix that tells us what proportion of poor and non-poor have transitioned in and out of poverty. poverty dynamics in multiple periods as a film and then ascertaining whether people are transitory, chronic, or persistent poor. a recursion function that describes how present poverty can be determined from past poverty poverty gap ratio (PGR) that tells us the total amount of resources needed to eliminate poverty relative to the available resources.
The dynamic nature of poverty can be observed through... [Select multiple answers] a transition matrix that tells us what proportion of poor and non-poor have transitioned in and out of poverty. poverty dynamics in multiple periods as a film and then ascertaining whether people are transitory, chronic, or persistent poor. a recursion function that describes how present poverty can be determined from past poverty poverty gap ratio (PGR) that tells us the total amount of resources needed to eliminate poverty relative to the available resources.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The dynamic nature of poverty can be observed through... [Select multiple answers]
- a transition matrix that tells us what proportion of poor and non-poor have transitioned in and out of poverty.
- poverty dynamics in multiple periods as a film and then ascertaining whether people are transitory, chronic, or persistent poor.
- a recursion function that describes how present poverty can be determined from past poverty
- poverty gap ratio (PGR) that tells us the total amount of resources needed to eliminate poverty relative to the available resources.
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