Question

The Progress out of Poverty Index (PPI):

1) is a tool used to measure poverty levels
2) is a tool used to measure progress towards poverty reduction
3) is a tool used to measure financial inclusion
4) is a tool used to measure economic growth

Answer 1

The Progress out of Poverty Index (PPI) measures poverty levels and monitors progress in poverty reduction efforts. It includes various economic and social indicators to determine the well-being of a population.

Step-by-step explanation:

The Progress out of Poverty Index (PPI) is a tool designed to measure poverty levels and assess whether individuals and families are moving out of poverty. Although similar in name, the PPI should not be confused with measures such as the Producer Price Index or economic metrics like GDP, which are used to understand inflation and economic growth. The PPI considers a range of indicators that reflect the economic and social dimensions of poverty, which may include income levels, access to basic services, and educational attainment, helping policymakers and researchers to understand the well-being of a population and the effectiveness of poverty alleviation programs.