Poverty Gap is ........

Economic Affairs Poverty Related Issues

Download Solution PDF

Poverty Gap is

the difference between poverty line and actual income levels of all those living below that line

gap between the rich and the poor

gap between developed nations and developing nations

gap in infrastructural facilities between developed and developing nations

छोटे Courses बड़े Results

Master Poverty Related Issues

Prepare through Micro-courses

Try Now

Explanation:

1st option is correct.
Poverty gap is the mean shortfall of the total population from the poverty line (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.
The poverty gap is the average shortfall of the total population from the poverty line.