In country A, the population is 300 million and 50 million people are living below the poverty line.


label Economics
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Jun 14th, 2015

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Jun 14th, 2015

Poverty rate = people below poverty line / total population x 100

Poverty rate = 50m/300m x 100

Poverty rate = 16.67%

So we can say that 16.67% people are living below poverty line in Country A.

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Jun 14th, 2015

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