The Absolute Poverty Line Looks at _____________,And the Relative Poverty

question 62

Multiple Choice

The absolute poverty line looks at _____________,and the relative poverty line captures ____________

• A) who cannot afford the basic necessities; what people can afford compared to those around them.
• B) what people can afford compared to those around them; who cannot afford the basic necessities.
• C) the percentage of the population that falls within the lowest quartile of income earners; the percentage of the population that earns 40 percent less than the median income.
• D) the percentage of the population that falls within the lowest quartile of income earners; what people can afford compared to those around them.

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Definitions:

Economic Necessity

A situation or condition where certain actions or decisions are compelled by financial need or constraints.

Personal Satisfaction

The feeling of contentment or fulfillment that comes from achieving personal goals, desires, or from overall life circumstances.

Dual-Earner Families

Households in which both partners earn an income, typically to support their family financially.

Competing Demands

Situations or priorities that are in conflict with each other, requiring a choice to be made about which one to prioritize.