To summarize Wu and Tang plans: Group A receives a benefit of G times their original income divided by $40,000. Group B receives a benefit of their original income minus G, divided by $400,000. Group C does not receive any benefit from the means-tested program.     Give an assessment of the Wu and Tang plans. Compare the plans’ effectiveness in combatting poverty?   Assess the degree to which ignoring incentives would generate a budget shortfall under each plan. Explain to Mayor Rita, Zoe, and Andrew the pros and cons of each.

Question 2 population 12, group B has population 12 and group C has population 4. Each person in group A has income $3, each in group B has income $8 and each in group C has income $16. The poverty line is p = 10 (anyone with income below $10 is considered poor). A region has 28 people and three income groups A,B,C. Group A has There is a budget of $48 to be given among groups whose income falls below p=10. Each person within the same group must receive the same amount. Assume that every dollar received by an individual is invested and this raises the income of the individual by a dollar. Consider the following policies: Policy 1: allocate $24 to group A, $24 to group B Policy 2: allocate $36 to group A, $12 to group B Policy 3: allocate $12 to group A, $36 to group B Showing all steps of your work, find HCR, PGR, IGR under each of the three policies and determine (i) which policy/policies give the lowest HCR, (ii) which policy/policies give the lowest PGR and (iii) which…

A top challenge for government programs that seek to reduce poverty is: Group of answer choices A)Many people who don’t need help are getting it. B)Overcoming the stigma associated with receiving government assistance. C)Measuring the success of the programs. D)That when the government phases out its support payments more slowly, the antipoverty program costs more money.

Suppose a government program guarantees $ 2,000 a month in income, even for those who do not work at all. However, if the recipient earns income by working, the benefit is reduced by 50 cents for each $1 earned. Which of the following statements is true? This program will redefine the proverty line. While the goal may be to reduce poverty, people rarely respond to incentives. This program will reduce the incentive to work significantly. The goal of this program is to increase the incentive to work, reducing the poverty trap.

Goals and objectives of Poverty Alleviation Program in the Philippines.

During the course, we learned about the following Canadian income replacement programs: EI program (traditional program as it existed before the pandemic began); Canada Emergency Response Benefit (CERB); Canada Emergency Student Benefit (CESB); Canada Recovery Benefit (CRB); and EI program (as it currently exists with temporary enhancements in place). Choose two of the programs from the above list. Compare/contrast the two programs with each other and discuss the relative pros and cons of each.

Polly, Molly, and Dolly are all single mothers. They each can earn $10 per hour working for up to 2,000 hours per year. Their government runs a welfare system that gives income benefits of $5,000 per year for single mothers with no income. The welfare benefits are reduced by $1 for every $2 in earned income. Currently, the government also provides free health care for children of single mothers with less than $25,000 in income. Each mother values this benefit at $2,000 per year. Under this system, Polly works 200 hours per year, Molly works 1,025 hours per year, and Dolly works 1,500 hours, so only Polly receives welfare. b. Draw a representative indifference curve for each mother. Discuss how the welfare program changes the behavior of these three individuals. d. The government decides to remove the welfare lock by providing free low- quality public health care (Ho-$2,000) for everyone. If the individuals want to consumer health care more than Ho, they have to turn to private health…

Which one of the following is the most likely to be associated with an increase in the incidence of poverty? A) The Gini coefficient falls substantially. B) The number of single persons with children and of single pensioners has increased substantially. C) The real income of those in the top 20% of income earners falls by 10%. D) The number of people earning below the level of income support has decreased.

[Make sure your answer is structured as a short essay, i.e., with short introduction (3-4 sentences), outlining each reason in a short paragraph, and a brief conclusion (2-3 sentences)].  Suppose you are advising the government of Nigeria on effective poverty reduction strategies for the country. The policy makers strongly believe that rapid economic growth is the most effective channel to reduce poverty. They also argue that the same strategy would also reduce inequality. What would be your advice to the Nigerian government in this context? Would you endorse their proposition? Why or why not? Give at least three reasons in support of your recommendation, making precise use of the concepts related to the relationship between poverty, inequality and economic growth.

analyse the impact that the increasing number of social grants may have on the Teen mothers.