📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      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.
      A $1.90 Correct Answer Incorrect Answer
      B $2 Correct Answer Incorrect Answer
      C $2.15 Correct Answer Incorrect Answer
      D $2.5 Correct Answer Incorrect Answer
      E $3 Correct Answer Incorrect Answer

      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.

      Practice Next
      More Current Financial Awareness Questions

      Relevant for Exams:

      ask-question