The Supplemental Poverty Measure differs from the official poverty measure in a number of ways. What is one particular difference between the two?(1 point)

Question

Responses

The official poverty measure includes nonmonetary benefits like housing subsidies and tax credits, while the Supplemental Poverty Measure does not.
The official poverty measure includes nonmonetary benefits like housing subsidies and tax credits, while the Supplemental Poverty Measure does not.

The Supplemental Poverty Measure includes cash income, while the official poverty measure does not.
The Supplemental Poverty Measure includes cash income, while the official poverty measure does not.

The Supplemental Poverty Measure includes nonmonetary benefits like housing subsidies and tax credits, while the official poverty measure does not.
The Supplemental Poverty Measure includes nonmonetary benefits like housing subsidies and tax credits, while the official poverty measure does not.

The official poverty measure includes cash incomes, while the Supplemental Poverty Measure does not.

Answer 1

The correct response is:

The Supplemental Poverty Measure includes nonmonetary benefits like housing subsidies and tax credits, while the official poverty measure does not.

The Supplemental Poverty Measure (SPM) takes into account a broader range of resources and expenses, including in-kind benefits and various nonmonetary benefits, whereas the official poverty measure primarily considers cash income.