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Suppose That in a Certain Society $10,000 Is the Official

question 18

Essay

Suppose that in a certain society $10,000 is the official cut-off of income for the poor. This means th any person making less than $10,000 is considered poor. Suppose further that there are three people i this society: Randy, Marlon, and Tito, with incomes of $9,900, $9,900, and $5,000, respectively.
A)How many people are in poverty?
B)How much income would it take, on average, to lift every poor person out of poverty?
C)What if some policy caused $200 to be taken from Tito and given to Randy. How many people ar in poverty now? How much income would it take, on average, to lift every poor person out of poverty?


Definitions:

Graded Potentials

Changes in electrical charge across the cell membrane that vary in size and are not propagated in an all-or-none manner.

Channels

Structures or means through which substances or signals are able to pass or be conveyed in a biological system.

Channels

Pathways or conduits through which substances such as ions or molecules can move across cell membranes or within the body or an organism.

Calcium

A chemical element essential for living organisms, particularly in cell physiology, where it plays a key role in various bodily functions including bone formation, muscle contraction, and blood clotting.

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