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Other Fields Homework Help Economics Topic started by: yufeige4 on Oct 10, 2019



Title: Between 1970 and 2010, the poverty rate in East Asia declined dramatically from about 60 percent to ...
Post by: yufeige4 on Oct 10, 2019

Question 1.

Studies by the U.S. Census Bureau have shown that



over half the people below the poverty line never move out of poverty.



income mobility in the U.S. is minimal.



there is significant income mobility in the U.S. over time.



families remain below the poverty line for an average of five years.



Question 2.

Between 1970 and 2010, the poverty rate in East Asia declined dramatically from about 60 percent to less than 1 percent, while the poverty rate in Sub-Saharan Africa decreased from 40 percent to only 24 percent. The main reason for this is that



East Asia experienced higher economic growth than Sub-Saharan Africa.



Governments in East Asia increased transfer payments to poor families over this period of time. The governments of Sub-Saharan Africa had practically no transfer payment programs from 1970 to 2010.



the population growth rate decreased in East Asia and increased in Sub-Saharan Africa.



The countries of East Asia have progressive income tax systems. The countries of Sub-Saharan Africa all have regressive income tax systems.



Title: Between 1970 and 2010, the poverty rate in East Asia declined dramatically from about 60 percent to ...
Post by: mnp2357 on Oct 10, 2019
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Title: Between 1970 and 2010, the poverty rate in East Asia declined dramatically from about 60 percent to ...
Post by: yufeige4 on Oct 10, 2019
I appreciate what you did here, answered it correctly :D