6. Development Economics

Poverty Measurement — Quiz

Test your understanding of poverty measurement with 5 practice questions.

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Practice Questions

Question 1

Which poverty measure is sensitive to the depth of poverty by considering the average income shortfall relative to the poverty line?

Question 2

Given incomes [5, 8, 12, 6, 15] and a poverty line of 10, what is the Foster–Greer–Thorbecke index with α=2 (FGT₂)?

Question 3

Which characteristic best describes the Atkinson inequality index?

Question 4

If the Lorenz curve is given by $L(p)=p^2$ for population share $p$, what is the Gini coefficient?

Question 5

Which axiom refers to the property that a poverty measure should decrease when a transfer is made from a poorer to a richer individual?
Poverty Measurement Quiz — Economics | A-Warded