Which of the following can be referred to in the estimation of poverty?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. Monthly Per Capita Expenditure
- Monthly per capita expenditure (MPCE) is used in the estimation of poverty.
- MPCE is defined as household consumer expenditure over a period of 30 days divided by the household size.
- It's also one of the important indicators of a family's economic level.
- The poverty line is defined on the basis of MPCE.