How much more output per year will have to be produced

Reference no: EM13198733

How much more output (income) per year will have to be produced in the world?
(a) just to provide the 2.7 billion "severly" poor population with $1 more output per day?
(b) to raise the incomes of the worlds "severely poor' population ( income less than $2 per day) to the official threshold of us poverty (roughly $5000 per year per person)

Reference no: EM13198733

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