___________Exists When People May Be Able to Afford Basic Necessities

question 20

Multiple Choice

___________exists when people may be able to afford basic necessities but are still unable to maintain an average standard of living.

• A) Relative poverty
• B) Absolute poverty
• C) Subjective poverty
• D) Standard poverty

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Definitions:

Cost

The amount of money required to purchase, produce, or maintain something.

Categorical

Pertains to data that can be divided into specific groups or categories that are mutually exclusive.

Categorical Data

Data that can be divided into groups or categories that do not have a numerical value or order.

Attributes

Characteristics or properties of objects in a dataset, often used in data analysis to describe elements accurately.