The United Nations Development Programme Uses a Multidimensional Measure of Poverty

question 89

Multiple Choice

The United Nations Development Programme uses a multidimensional measure of poverty. What are the dimensions used in the multidimensional poverty index (MPI) ?

• A) health, education, and living standards
• B) income, employment, and living standards
• C) health, infant mortality, and literacy rates
• D) literacy, employment, and infant mortality

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Definitions:

Checkable Deposits

Bank account balances that are readily available for withdrawal and can be used for making payments, such as in checking accounts.

U.S. Treasury Deposits

Funds held at the Federal Reserve that belong to the U.S. Treasury, often from revenues or borrowing, used for government spending.

Certificates of Deposit

Savings certificates with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserves and not lend out.