In the United States, the poverty rate is 12%. In Ghana, the poverty rate is 24%....
In the United States, the poverty rate is 12%. In Ghana, the poverty rate is 24%. One key difference in calculating poverty incidence is that the United States relies on income data, while Ghana uses consumption data.
Would it be appropriate to say that Ghana’s poverty rate is twice as high as it is in the United States? Provide at least three factors that must be considered in order to make accurate cross-country comparisons of poverty rates.
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