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    Poverty Rates, Depth and Severity

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    Use the following information about 2 countries, Northland and Southland, each with a population of 10 people and each with a poverty threshold of $18,000 ($18K) per person. Show your work for all questions.


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    Solution Summary

    Poverty rates, depth and severity are determined in the solution. The auxuliary calculations of the Gini coefficient are provided.