When poverty is taken in relative term and is related to the distribution of income consumption expenditure its called:
(a) Law line poverty
(b) Absolute poverty
(c) Relative poverty
(a) None
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Answer:
Answer:
❄Relative poverty❄
Explanation:
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Option(a) is the correct answer.
Option(a) is the correct answer.Law line poverty.
- The economists have provided a new way of calculating the line of poverty based on the per capita consumption expenditure for a unit day or month.
- The Census Bureau is responsible for determining the poverty line. The poverty line measures the number of poor people in a county.
- Per capita income defines the money earned by a person in one day.
- Law line poverty compares them.
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