Asked by Christopher Robin on Jun 17, 2024
Verified
The official poverty income threshold in the United States is
A) based on the cost of a budget that includes food,clothing,and shelter.
B) never adjusted for the effects of inflation.
C) the same for all families independent of the number of people in the family.
D) calculated as three times the cost of a minimally acceptable diet for a family.
Poverty Income Threshold
The Poverty Income Threshold is the minimum level of income deemed necessary to achieve an adequate standard of living, used to identify those living in poverty.
Inflation
A general rise in the price level.
- Understand the official definitions and measurements of poverty in the United States.
Verified Answer
JC
Johnny CavesJun 21, 2024
Final Answer :
D
Explanation :
The official poverty income threshold in the United States is calculated as three times the cost of a minimally acceptable diet for a family.
Learning Objectives
- Understand the official definitions and measurements of poverty in the United States.