which of the following is not a reason most commonly associated with the cost of
ID: 1143136 • Letter: W
Question
which of the following is not a reason most commonly associated with the cost of extreme inequity
A it can lead to a sub-optimal allocation of resources
B it undermines government responsiveness to interests of most citizens
C It facilitates intergenerational income mobility
D it increases the risk of conflict
the absolute poverty line
a.can be measured with Lorenz curve
bdecreases as real income grows
c.shows the average income of the lowest income group
Dwas determined to be $1.90 in 2015 by the world bank
Explanation / Answer
the absolute poverty line
Dwas determined to be $1.90 in 2015 by the world bank
Absolute poverty is a condition in which a person donot have minimum amount of income required to meet minimum requirements for basic living needs with an extended period of time.
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