Asked by Cassandra Ramirez on Jun 28, 2024

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Which is the most accurate statement?

A) The federal minimum hour wage rate puts millions of Americans above the poverty line.
B) Most black families live below the poverty line.
C) In 2008 the poverty rate was higher than it was in 2006.
D) Welfare Reform basically eliminated poverty as a major socioeconomic problem.

Federal Minimum Wage

The lowest legal hourly wage that an employer can pay to workers in the United States, set by federal law.

  • Ascertain the demographic details and characteristics of poverty within the U.S.
  • Identify the dialogue and standpoints on welfare dependency and attempts to mitigate poverty.
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KU
Kevin UlmerJul 02, 2024
Final Answer :
C
Explanation :
The poverty rate can fluctuate due to various economic factors, and historical data shows that it has indeed increased in certain years, including between 2006 and 2008, due to the economic downturn during that period. Options A, B, and D are inaccurate as the federal minimum wage has not been sufficient to lift millions above the poverty line, most black families do not live below the poverty line, and welfare reform has not eliminated poverty as a major socioeconomic problem.