Is it correct that poverty line may vary with time and place?
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Yes, it is correct. Poverty line will not always be in the same place. It varies according to the country's income.
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A poverty line is an indicator of poverty, z'. ... Therefore, poverty line may vary with time and place. Each country uses an imaginary line that is considered appropriate for its existing level of development and its accepted minimum social norms. For example, a person not having a car in the US may be considered poor.
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