Answer this

a) What are the main views of poverty? b) Explain why headcount index is popular and explain why it is an imperfect measure of poverty. c) In a sample of 5,000 households, 800 households have expenditure levels below the poverty line. This means that the headcount poverty rate was 16 percent. 1]. was 0.0625. 11]. cannot be computed from these numbers. IV. is too small to be computed accurately. d} A society consists of four individuals with the following incomes: 200. 220. 300, and 320. The poverty line is 250. The poverty gap index is then I. D. 50 I]. 0. 03 II]. 0.16 IV. 20