Multiple Choice
Which statement suggests that an absolute measure of poverty is better than a relative measure of inequality for measuring the well-being of less well-off individuals?
A) Self-reported well-being may fall as neighbors' incomes rise.
B) If those least fortunate achieve a sufficient level of consumption,it doesn't matter how rich the richest people are.
C) Driving a $10,000 car is more adequate when others drive $10,000 cars than when others drive $30,000 cars.
D) A person is only living in poverty if they have substantially less than others.
Correct Answer:

Verified
Correct Answer:
Verified
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