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Economics · Oct / Nov 2021 · Paper 12 · Question 24

2281Poverty

Poverty in households may be defined in relative terms. What indicates relative poverty?

  1. Afalling below society's expected standard of living
  2. Bincome level required to meet basic needs
  3. Clack of access to clean water
  4. Dliving on less than $2 a day

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Correct answer: A. falling below society's expected standard of living

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