Economics · Poverty and Development

The Global Multidimensional Poverty Index (MPI), prepared by OPHI and UNDP, assesses deprivation across the three broad dimensions of Health, Education and Standard of Living. With reference to the indicators used under the dimension of Standard of Living, consider the following: I. Household ownership of selected assets such as a telephone, radio or refrigerator. II. Nature of housing conditions, including flooring material, and the type of cooking fuel used. III. Access to improved sanitation and safe drinking water. IV. Level of monthly household expenditure on non-food consumption items. Which of the statements given above are correct?