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What is the impact of this income increase on poverty

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Question: Consider a country in which income distribution is given as follows: (1, 1, 2, 3, 5). Let the poverty line be 2.5 Suppose that the income of the second person has increased so that the income distribution becomes: (1, 2, 2, 3, 5). What is the impact of this income increase on poverty?

 

 

Reference no: EM133575257

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