The poor are those who fall too far behind the average income. This refers to the ____ definition of poverty.

The expenditure approach to measuring GDP is based on summing

A) wages, interest, rent, and profit. B) each industry's production. C) the total values of final goods, intermediate goods and services, used goods, and financial assets. D) consumption expenditure, investment, government expenditure on goods and services, and net exports of goods and services. E) consumption expenditure, investment, government expenditure on goods and services, and net exports of goods and services minus wages, interest, rent, and profit.

The "mode" household income is

A) the income that separates households into two equal groups. B) the most common level of household income. C) the mean household income. D) the average household income.