= B1. Consider the six-person weekly income distribution of a country: X = (170, 305,...
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= B1. Consider the six-person weekly income distribution of a country: X = (170, 305, 300, 325, 700, 750). The country has two regions: Region A and Region B. The income distributions of these two regions are XA = (170, 305, 325) and XB = (300, 700, 750). Over time, the income distribution of Region A of the country changes to YA = (200, 250, 350) while the income distribution of Region B of the country remains unchanged. Suppose the weekly poverty line income is z = 350. a. Compute the Sen-Shorrocks-Thon (SST) index of poverty for the country and for Region A in both periods. Based on your computations, how have the SST indices for the country and for Region A changed over time? Show your computations in detail. ) b. Compute the Watts index of poverty for the country and for Region A in both periods. Based on your computations, how have the SST indices for the country and for Region A changed over time? Show your computations in detail. in C. Do your findings differ in part a. and in part b.? If they differ, then explain with appropriate reasoning. d. Compare the policy efficacy of the Sen-Shorrocks-Thon (SST) index of poverty and the poverty gap measure based on the relevant properties that they satisfy.
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