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Attempt ALL Questions. 1. Explain the positive assortative matching model with a simple mathematical illus- tration. [5 Marks] 2. Explain the difference between the gini

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Attempt ALL Questions. 1. Explain the "positive assortative matching" model with a simple mathematical illus- tration. [5 Marks] 2. Explain the difference between the gini coefficient and the kuznets hypothesis in ex- plaining income inequality [5 Marks] 3. With an example of an illustration, explain what the Total Poverty Gap is [5 Marks]

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