Explain the reasons for the hidden momentum of population growth and state its implication for population levels.

ECO – what is a Lorenz curve? Draw one, labeling the axes

ECO – what is a Lorenz curve? Draw one, labeling the axes

Question
1
. This question refers to income distribution
.

(1) what is a Lorenz curve? Draw one, labeling the axes

(2)Explain why a Lorenz curve can never lie to the left or above the 45 degree line

(3)Using a Lorenz curve diagram, explain how to calculate the Gini coefficient

2
. What is the Multidimensional Poverty Index and how is it a more improved measure of poverty?

3
. How can you encourage people in developing countries to have fewer children?

4
. Explain the reasons for the hidden momentum of population growth and state its implication for population levels
.

5 what is meant by the demographic transition? What are the differences in the demographic transition between the current developed economies and developing countries?

6
. Suppose the rural wage is $1 per day
. Urban modern sector employment can be obtained with 5 probability and pays $2 per day
. Will there be any rural-urban migration? Explain your reasoning, stating explicitly any simplifying assumptions, and show all work
.

7
. point out the main differences in job conditions and worker characteristics between the urban formal and informal sectors
.

8
. Describe some of the benefit and costs associated with the emergence of large cities in developing countries
.

9
. What is human capital and why is it crucial to expand human capital as part of the development process
.

10
. What are the critical health challenges facing developing countries today and what measures are being taken to confront these challenges? Explain your answer
.

ECO – what is a Lorenz curve? Draw one, labeling the axes

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