A commonly used measure of relative poverty is to categorize those with less than one-half of the population's median income as poor. Since it focuses on economic inequality based on the proportion of people who are well below the median income level, it misses

Select one:

a. income inequality comparisons across populations.

b. the effect of income on health and life expectancy.

c. economic inequality at the top half of the income distribution.

d. the effect of income on housing security.

Economic recession in a country does play a vital role on affecting people. For instance, in these pandemic times, where the world have been passing through a world economic "bump", the poor people will get poorer.

So, it doesn't matter how much do you earn. You have to count on these Micro and Macroeconomics drawbacks to understand the big picture, and measure the inequality by adding this variable.

So, b. the effect of income on health and life expectancy.

jayilych4real jayilych4real · Answer 2 · 2021-11-25T14:00:38+01:00

The measure of relative poverty which is to categorize those with less than one-half of the population's median income as poor, misses the:

C. Economic inequality at the top half of the income distribution

According to the given question, we are asked to show the thing which is missed when a measure of relative poverty is used to categorize people as poor making use of economic inequality as its metric.

As a result of this, we can see that the important thing which this molasses based on the proportion of people who are well below the median income level is the economic inequality at the top half of the income distribution because d the economic recession which does not factor in income earnings.

Therefore, the correct answer is option C