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Measures of poverty and income inequality.

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Discuss the measures of poverty and the measures of income inequality.

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This solution discusses the measures of poverty and the measures of income inequality.

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There are several measures of poverty that can be used to determine the extent of the problem of poverty in a nation. The most commonly used measures of poverty include the headcount index, which is a measure of the population in a given area that is considered poor, according to the country's governmental or federal standards. One of the limitations of this measure is that it does not provide data ...

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