Economics · Poverty and Inequality
Consider the following statements regarding poverty measurement: I. Absolute poverty uses fixed thresholds. II. Relative poverty depends on income distribution. III. Headcount ratio captures intensity of poverty. Which of the statements given above are correct?
- 1I, II & III
- 2I & III only
- 3II & III only
- 4I & II only✓
Correct answer
I & II only
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