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Consider countries A and B, each with a population of 10 individuals and an average daily income per capita,? , equal to $6 US dollars
Consider countries A and B, each with a population of 10 individuals and an average daily income per capita,? , equal to $6 US dollars (PPP) per day. Tables 1 and 2 provide the information on income for each individual in country A and B, respectively. The poverty line is z=$6 US Dollars (PPP) per day.
Your job is to calculate and report the FGT poverty indexes for (alpha) ?= 0, 1, 2, remember that:
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