Can you help with the following question:

1. (a)Explain the difference between absolute and relative poverty.

(b) Does it make sense to compare poverty rates measuring absolute poverty with rates measuring relative poverty? Explain.

2. Do you think it would make sense to use the World Bank's denitions of absolute poverty to measure poverty in developed countries? Explain.

3. Explain (a) some causes of poverty, and (b) some consequences of poverty.

4. Using the concept of human capital, can you identify some situations where poverty in the present leads to poverty in the future?