Question

According to a recent survey, the local government wants to classify people according to their income earning capacity. They want to do so in order to provide special facilities for the poor. Who among the four individuals will be classified as poor?

A.
Joseph earns $2.25 per day
B.
Maria earns $1.50 per day
C.
Rosita earns $2.00 per day
D.
Tim earns $ 1.00 per day

Answer 1

According to the World Bank and United Nations poerty threshold/borderline, that is, the minimum level of income deemed adequate in a particular country. In 2005, the World Bank came out with a figure (revised largely due to inflation) of $1.25 a day at 2005 purchasing-power parity (PPP), and in 2015 the World Bank updated the international poverty line to $1.90 a day.

Based on the presentation of the World Bank, (B) Maria earns $1.50 per day and (D) Tim earns $ 1.00 per day will be classified as poor.

Answer 2

d. Tim earns $1.00 per day

Step-by-step explanation:

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