Determine how much more output-income per year

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How much more output (income) per year will have to be produced in the world

a) Just to provide the 2.7 billion "severely" poor population with $1 more output per day?

b) To raise the incomes of the world's "severely poor" population (income less than $2 per day) to the official threshold of U.S. poverty (roughly $5,000 per year per person)?

Reference no: EM13235624

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