If the distribution of income in country is (1, 2, 2, 3, 5), and in country is (1, 1, 2, 3, 5), and the poverty line in both the countries is 2·5, by the average income shortfall measure, which country has more poverty?
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If the distribution of income in country X is (1, 2, 2, 3, 5), and in country Y is (1, 1, 2, 3, 5), and the poverty line in both the countries is 2·5, by the average income shortfall measure, which country has more poverty? (A) X (B) Y (C) Poverty is the same in X and Y (D) We cannot tell from the information given
Poverty, inequality and human development has come up 92 times in 7 exams since 2010.
This question is on The poverty gap and the FGT indices, part of Poverty, inequality and human development in Economics of Growth and Development.
Measures of how poor the poor are, not just how many.
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Question from the JNU SIS 2017 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.