Economics · Poverty Indices & FGT Measure
The Headcount Ratio (H) in the Foster-Greer-Thorbecke (FGT) framework measures which specific dimension of poverty?
- 1The depth of poverty — how far the poor are below the poverty line
- 2The severity of poverty — giving greater weight to the poorest
- 3The incidence/extent of poverty — the proportion of population below the poverty line✓
- 4The inequality among the poor
Correct answer
The incidence/extent of poverty — the proportion of population below the poverty line
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