Question:
The ‘absolute’ poverty line is drawn to show
(1) the most extreme level of poverty that is found in a society.
(2) the estimated minimum level of income needed for subsistence.
(3) the number of households that are poor relative to the norms and values of their culture.
(4) the areas of a city in which poor is concentrated.
(5) the average monthly income of the lowest 10% of the population.
Correct Answer:
(2)
Answer Explanation:
Absolute poverty measures deprivation against a fixed, objective standard. The absolute poverty line calculates the exact monetary cost (minimum income) required to purchase a basic basket of essential goods and services necessary for basic human survival and subsistence.
Topic: Poverty Year: 2020
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