Question
In order to aggregate and compare poverty rates across
countries, poverty thresholds that reflect the same real standard of living in each country are used. The World Bank uses a Poverty line of _____. This means that the anyone living below that income threshold is considered to be living in extreme poverty.Solution
The new international poverty line is set at $2.15 using 2017 prices. This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty.
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