If we were to employ a poverty threshold of $10 per day rather than $2 per day,what would happen to the number of poor people in the world?

Question

Quizplus · Accepted Answer

If we increase the poverty threshold from $2 per day to $10 per day, it means that we are setting a higher standard for what constitutes poverty. As a result, more people who were previously considered non-poor because they earned just above $2 per day will now be deemed poor since they earn less than $10 per day. Hence, the number of poor people in the world would increase.

If We Were to Employ a Poverty Threshold of $10