Economics 1st Edition by Dean Karlan,Jonathan Morduch

Exercise 19

Determine whether each of the scenarios is possible. a. A poverty rate based on a relative measure is high, income mobility is low, and there is perfect income equality.
B) A poverty rate based on an absolute measure is high, income mobility is zero, and there is perfect income equality.
C) A poverty rate based on an absolute measure is high, income mobility is high, and there is high income equality.
D) There is no poverty based on a relative measure, income mobility is high, and there is perfect income equality.