The income distribution for a population of 5 individuals is given as: 2,3,4,5 and 6. The poverty line is 4. The value of the Foster Greer Thorbeck measure of poverty when alpha equals 1 (that is P1) is. 0.15 0.085 0.1 O 0.12 0.075

The income distribution for a population of 5 individuals is given as: 2,3,4,5 and 6. The poverty line is 4. The value of the Foster Greer Thorbeck measure of poverty when alpha equals 1 (that is P1) is. 0.15 0.085 0.1 O 0.12 0.075

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The income distribution for a population of 5 individuals is given as: 2,3,4,5 and 6.
The poverty line is 4. The value of the Foster Greer Thorbeck measure of poverty
when alpha equals 1 (that is P1) is.
0.15
0.085
0.1
O 0.12
0.075

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