Which of the following are true?
a. The headcount index ignores differences in well-being between different poor households. It assumes all poor are in the same situation.
b. The headcount index does not take the intensity of poverty into account - insensitive to differences in the depth of poverty of the poor.
c. Over time, the index does not change if individuals below the poverty line become poorer or richer, as long as they remain below the line.
d. All are true
e. None is true.
Answer: D