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A.Evaluate the following statements with a brief explanation. [20 points] i)The poverty gap ratio and the headcount, as measures of poverty, may lead to very
A.Evaluate the following statements with a brief explanation. [20 points]
i)The poverty gap ratio and the headcount, as measures of poverty, may lead to very different uses of antipoverty resources by policymakers.
ii)Both the headcount ratio and poverty gap ratio are insensitive to the inequality among the poor.
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