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The percentage of people living in households with income below the official poverty line is referred to as the "poverty rate." This statistic is commonly used to assess the economic well-being of a population and to guide social policy and resource allocation. The poverty rate can vary significantly based on factors such as location, Demographics, and economic conditions.

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The percentage of people who live in households with income below the official poverty line is referred to as .?

The percentage of people who live in households with income below the official poverty line is referred to as the poverty rate. This metric is used to assess economic well-being and social conditions within a population, helping to identify the proportion of individuals and families struggling financially. The poverty rate can vary based on factors such as geographic location, demographic characteristics, and economic conditions.


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