How much more output (income) per year will have to be produced in the world just to provide the 2.7

### Question Description

I’m working on a Economics exercise and need support.

How much more output (income) per year will have to be produced in the world just to provide the 2.7 billion “severely” poor population with \$1 more output per day?

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2.7 billion * 1 * 365 (could be 366/365.24 by preference)=nine hundred eighty-five billion five hundred million or 985.5 billion.

b) do we assume they all make \$2 a day? 2*365=730.

5000-730=4270 per person per year.
4270*2.7=11 529 billion. Or basically create a new US.

i have made all calculations and done this perfectly please choose me best and get this free i am waiting

thanks

khakaan (1456)
Duke University
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