Asked by Shane 2Wavyy on May 28, 2024
Verified
According to official statistics in the United States,a person is classified as poor
A) if the person's money income is below the poverty income threshold.
B) only if the person's money income is below the poverty income threshold AND the person is not working.
C) only if the person's money income is below the poverty income threshold AND the person is homeless.
D) if the person's money income and the value of non-cash transfers is below the poverty income thresholD.
Classified As Poor
A designation for individuals or households whose income falls below the poverty line, making it difficult to meet basic life needs.
Money Income
The total amount of money earned or received by a person or household before taxes and deductions, from all sources.
- Gain insight into the techniques used by governmental bodies to determine poverty levels and the effects of counting non-cash benefits in poverty evaluations.
Verified Answer
SA
Samer AlanbakiJun 01, 2024
Final Answer :
A
Explanation :
According to official statistics in the United States, a person is classified as poor if their money income is below the poverty income threshold. Non-cash transfers, such as food stamps, housing assistance, and Medicaid, are considered when calculating poverty rates, but the primary criterion is money income. Therefore, option A is the best choice. Option B is incorrect because it implies that individuals who work but earn below the poverty line are not considered poor. Option C is incorrect because homelessness is not a necessary determinant of poverty. Option D is incorrect because it excludes individuals who receive only cash assistance or have low cash incomes but do not receive non-cash transfers.
Learning Objectives
- Gain insight into the techniques used by governmental bodies to determine poverty levels and the effects of counting non-cash benefits in poverty evaluations.