Question

How much more output per year will have to be produced in the world just to provide the 3 billion ""severely"" poor population with $1.25 more income per day?

Answer 1

Answer:

$1395.75 billion/year more income per year will have to be produced in the world.

Explanation:

output = 3 billion*$1.25(per day)*365 days(per year)

           = 3*1.25*365

           = $1395.75 billion/year

Therefore, $1395.75 billion/year more income per year will have to be produced in the world.