Economics · Poverty Estimation Methods
How is the Subjective Poverty Line determined?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By calculating the average income shortfall of the poor from a universally fixed poverty line.
- 2By measuring deprivations across specific indicators spanning health, education, and living standards.
- 3By counting the total number of individuals whose income falls below a universally fixed minimum threshold.
- 4By analyzing individuals' self-assessments regarding the minimum income necessary to make ends meet.✓
Correct answer
By analyzing individuals' self-assessments regarding the minimum income necessary to make ends meet.
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