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In Country Z there are only four income levels: $5, $10, $25 and $60. One million individuals earn each of these income levels. The poverty

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In Country Z there are only four income levels: $5, $10, $25 and $60. One million individuals earn each of these income levels. The poverty line is $15. Q1. (a) What is the poverty headcount ratio? (b) What is the total poverty gap? (c) What is the average poverty gap? (d) What is the poverty gap index

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