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Trends in Poverty

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Question

If total number of poor is 1.5 million and the total population is 60 million, the head count ratio is .

A

0.01

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B

0.025

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C

0.5

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D

0.6

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Solution

The correct option is B 0.025
Head count ratio is the ratio of number of poor to the total population, which is equal to 0.025 in this case.

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