According to a recent survey, the local government wants to classify people according to their income earning capacity. They wan
t 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
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.
