There are 24 billion people in ldquosevererdquo poverty, Business Economics

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There are 24 billion people in ldquosevererdquo poverty

There are 2.4 billion people in “severe” poverty with less than $2 of income per day. (a) What is the maximum combined income of this “severely” poor population? (b) What percentage of the world’s total income (roughly $75 trillion) does this represent?

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Business Economics: There are 24 billion people in ldquosevererdquo poverty

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