What Is the Most Common and Oldest Measure of Relative

Question

Examlex · Accepted Answer

The Answer is The most common and oldest measure of relative poverty in Canada is Statistics Canada's low income cut-offs (LICOs). This measure, which is adjusted annually according to the consumer price index, is based on patterns of family expenditures for food, clothing, and shelter for a given community size and family size. It is not an absolute measure of poverty but, rather, a relative measure of how individuals or subgroups of the population compare at a given time; it identifies those who are less well-off than the average for their family size and within their geographical region.

What Is the Most Common and Oldest Measure of Relative

Essay

Correct Answer:
Verified

What Is the Most Common and Oldest Measure of Relative

Essay

Correct Answer:VerifiedShow Answer

Correct Answer:
Verified