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Severity of low income
Part A - Short definition:
Part B - Detailed definition:
The low-income severity is the square of the low-income gap ratio. The low-income gap ratio expresses the income required to bring a unit up to the low-income line as a percentage of the line.
This statistic is zero if the income is at or above the line and is one if the income is zero or negative. It tends to emphasize situations where the gap is larger.
Severity of low income is available for each of the six low-income lines used in the National Household Survey.