Economics Table 9.1 Net Benefit Ratios by Rural Household

Economics Table 9.1 Net Benefit Ratios by Rural Household Group in Four Central American Countries Country Household Group El Salvador Calculate the following values: The difference(increase) in percentage terms of the change in welfare for a 1% increase in price of food if a farmer moves from being a landless farmer to a subsistence farmer in Guatemala. [Hint: The absolute change in percentage terms will do as there is an increase in welfare when you go from being landless to the level of subsistence but the sign itself will be negative*] Give your answer as a percent. For example, if the answer is 3% (or 0.03), then type 3 Note:

 

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