How Is an Absolute Poverty Line Established

question 4

Multiple Choice

How is an absolute poverty line established?

• A) Cost of a minimum consumption basket
• B) The marginal household income
• C) The caloric intake needed for survival
• D) The average household income
• E) The amount needed to participate in society

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Definitions:

ADR

Acronym for Alternative Dispute Resolution, which refers to methods like mediation and arbitration used to settle disputes without traditional litigation.

Negotiation

A process in which parties attempt to settle their dispute voluntarily, with or without attorneys to represent them.

Settlement Agreement

An out-of-court resolution to a legal dispute, agreed to by the parties in writing. A settlement agreement may be reached at any time prior to or during a trial.

Mediator

A neutral third party who facilitates negotiations between disputing parties with the aim of reaching a mutually acceptable agreement.