Statistics Canada's "Low-Income Cut-Off" (LICO) Is Based on the Percentage

question 3

Multiple Choice

Statistics Canada's "Low-Income Cut-Off" (LICO) is based on the percentage of income that any individual or family spends on specific aspects of daily life.What aspects of daily life is the LICO based on?

• A)food, clothing, and shelter
• B)transportation and health care
• C)recreation and grooming
• D)utilities, rent, and transportation

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