What Is the Poverty Headcount Index

question 46

Multiple Choice

What is the poverty headcount index?

• A) Number of people below relative poverty line divided by national households
• B) An estimated number of people below the poverty line
• C) Number of people below the poverty line divided by the total population
• D) An estimated number of people receiving welfare benefits
• E) The absolute number of people living below the poverty line

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Definitions:

Perfect Tender Rule

is a legal principle that requires sellers to deliver goods to buyers that exactly meet the terms of their contract, without any deviations or defects.

Trade Usage

Established practices or methods regularly observed and accepted in a particular industry or trade.

Course of Performance

The manner and history of conduct between parties in a contract that can be used to interpret their agreement's terms.

Good Faith

A principle requiring parties to act honestly and not mislead or withhold critical information in transactions.