Poverty

a. Indicate two factors that have contributed to an increase in income inequality in the US since the mid-1970's.

b. Explain why Quintile data aggregation is the most efficient way to examine income inequality.

c. What is the equation for the Gini Coefficient and what is its significance in measuring income inequality?

d. Identify the elements of the equation on the Lorenz Curve.

e. Give three reasons why Anti-Poverty programs in the US have not been effective.

f. What are the four criteria individuals must meet to receive transfers?Why do the four criteria diminish the net gain of recipients?