Multiple Choice
What does a low-income cutoff line (LICO) measure?
A) It is a sophisticated market basket measure of poverty.
B) It is a relative,rather than an absolute,measure of poverty.
C) It is an absolute,rather than a relative,measure of poverty.
D) It is a measure for determining if single people are poor.
Correct Answer:
Verified
Correct Answer:
Verified
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