3. Consider an economy with 8 individuals with the following income distribution: (0.6,0.6,0.8,0.8,2, 2,6,6) and assume that the poverty line is 1. Calculate the level of poverty using P2 of the Foster Greer Thorbecke (FGT) index. 4. Go to the World Bank data webpage and retrieve the Gini Coefficient for the countries relevant to your case study countries. For each country, obtain information for the most recent year, most distant year, and for an intermediate year. 5. Go to the World Bank data webpage and retrieve information on poverty measures for the countries relevant to your case study countries. For each country, obtain the Poverty Gap at \$1.25 a day (PPP) for the most recent year, most distant year, and for an intermediate year. 3. Consider an economy with 8 individuals with the following income distribution: (0.6,0.6,0.8,0.8,2, 2,6,6) and assume that the poverty line is 1. Calculate the level of poverty using P2 of the Foster Greer Thorbecke (FGT) index. 4. Go to the World Bank data webpage and retrieve the Gini Coefficient for the countries relevant to your case study countries. For each country, obtain information for the most recent year, most distant year, and for an intermediate year. 5. Go to the World Bank data webpage and retrieve information on poverty measures for the countries relevant to your case study countries. For each country, obtain the Poverty Gap at \$1.25 a day (PPP) for the most recent year, most distant year, and for an intermediate year