Which of the following are true regarding the measurement of poverty? The poverty rate is the percentage of households whose earnings fall below the poverty line. The measurement of the poverty rate takes into account the effect of in-kind transfers. The measurement of the poverty rate does not take into account whether a households loss of income is transitory or permanent. The poverty line is an income amount below which a family is deemed to be poor.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter15: Poverty And Economic Inequality
Section: Chapter Questions
Problem 36CTQ: Explain how a country may experience greater equality in the distribution of income, yet still...
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Which of the following are true regarding the
measurement of poverty?
The poverty rate is the percentage of households
whose earnings fall below the poverty line.
The measurement of the poverty rate takes into
account the effect of in-kind transfers.
The measurement of the poverty rate does not take
into account whether a households loss of income is
transitory or permanent.
The poverty line is an income amount below which
a family is deemed to be poor.
Transcribed Image Text:Which of the following are true regarding the measurement of poverty? The poverty rate is the percentage of households whose earnings fall below the poverty line. The measurement of the poverty rate takes into account the effect of in-kind transfers. The measurement of the poverty rate does not take into account whether a households loss of income is transitory or permanent. The poverty line is an income amount below which a family is deemed to be poor.
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