Question
Consider two economies with the following income distributions y=(2, 4, 5, 14) and x=(3, 4, 5, 18) where in each income category there is one
Consider two economies with the following income distributions y=(2, 4, 5, 14) and x=(3, 4, 5, 18) where in each income category there is one household. Suppose that the poverty line is 6 in this economy. From this information one can conclude that
Question 16 options:
all of the other answers are correct.
poverty in economy y is greater than in economy x measured through the total poverty gap.
both economies have the same level of poverty measured in terms of the head count ratio.
there is more inequality among the poor in economy y than in economy x.
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