Economics · Poverty and Unemployment
What is the correct definition of 'head count ratio' in economic terms?
- 1The proportion of the population living below the poverty line✓
- 2The absolute number of people living below the poverty line
- 3The proportion of the marginally poor in the economy
- 4The proportion of the poorest people relative to the middle class
Correct answer
The proportion of the population living below the poverty line
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