The Poverty Gap Is the

question 82

Multiple Choice

The poverty gap is the

• A)Shortfall between a household's actual income and the poverty threshold.
• B)Percentage of families under the poverty level.
• C)Difference between the income of a household in poverty and the average income.

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Definitions:

Total Quality Management

A management approach focused on continuous improvement across all functions of an organization to enhance quality and customer satisfaction.

Defect Correction

The process of identifying, diagnosing, and correcting errors or flaws in a product or system.

Defect Inspections

The process of examining products, components, or processes for flaws or deviations from specified standards to ensure quality.

Quality Saves Money

The principle that investing in higher quality processes, materials, and standards reduces costs over time by minimizing waste, errors, and defects.