The Census Bureau of U.S. started publishing SPM in 2011.SPM includes the non-monetary benefits, while official poverty measure does not.
What is Supplemental Poverty Measure(SPM) and how it is measured?
The U.S. Census Bureau from 2011 stared publishing SPM which shows the poverty measure taken by government to aid/provide assistance to the people below poverty line that are not included in official poverty measure.
SPM income is measured by cash income plus benefits in kind by the government. So it can be said the SPM includes non-monetary benefits like tax credit, house subsidies, food stamps, but the official poverty measure does not.
Therefore, it can be said that option 3 aptly describes the Supplemental Poverty Measure.
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