Measures of Poverty That Fail to Account for the Value

question 376

Multiple Choice

Measures of poverty that fail to account for the value of in-kind transfers

• A)understate the actual poverty rate.
• B)have little effect on the validity of reported poverty rates.
• C)are generally more reliable measures of actual poverty rates.
• D)overstate the actual poverty rate.

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Definitions:

Board of Directors

is a group of individuals elected by shareholders to oversee and make decisions on behalf of a corporation.

Promoters

Individuals or companies that initiate the creation of a business or corporation, often handling the legal and logistic tasks of organization.

Preincorporation Share Subscription

An agreement by an investor to purchase shares in a corporation that is yet to be formed, often used to fund the creation of the new company.

Model Business Corporation Act

A set of model laws designed to standardize and simplify the legal structure of corporations across the United States.