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Other Fields Homework Help Economics Topic started by: jadinh on Dec 19, 2022



Title: IncomeFrequency$1/day20%$1.50/day30%$2/day30%$5/day10%$10/day10%Refer to the table above which shows ...
Post by: jadinh on Dec 19, 2022
IncomeFrequency
$1/day20%
$1.50/day30%
$2/day30%
$5/day10%
$10/day10%
Refer to the table above which shows the distribution of incomes in Newlandia. Newlandia currently has an absolute poverty rate of ________. Imagine that average incomes grew at 5% per year. If each income group saw growth of 5% a year for 5 years, Newlandia's absolute poverty rate would be ________ after 5 years.

▸ 20%:20%

▸ 60%; 30%

▸ 50%; 20%

▸ 30%; 10%


Title: IncomeFrequency$1/day20%$1.50/day30%$2/day30%$5/day10%$10/day10%Refer to the table above which shows ...
Post by: Saharak on Dec 19, 2022
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