Poverty gap
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Poverty gap
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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.
TestStop has 7 past-paper questions on this subtopic; the nearest in year are below.
Question from the UoH 2010 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.