Economics · Poverty and Development
What is the primary indicator that a 'poverty line' is designed to measure?
- 1The average per capita income of a country
- 2The total number of high-net-worth individuals
- 3The minimum income level considered necessary to secure a basic standard of living✓
- 4The total national debt relative to GDP
Correct answer
The minimum income level considered necessary to secure a basic standard of living
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