The definition of poverty in the United States is
A. a level of income below the minimally acceptable annual food budget of a family of a given size times four.
B. a level of income below the minimally acceptable annual food budget of a family of a given size times three.
C. unwholesome living conditions.
D. a level of income below the median income for all families.
B. a level of income below the minimally acceptable annual food budget of a family of a given size times three.
You might also like to view...
A change that increases real money demand relative to the real money supply causes
A) the LM curve to shift down and to the right. B) the LM curve to shift up and to the left. C) the IS curve to shift down and to the left. D) the IS curve to shift up and to the right.
The Federal Reserve focuses on the inflation rate based on the ________ rather than the CPI; to measure the underlying trend in inflation, it focuses on the ________
A) GDP deflator; overall GDP deflator B) GDP deflator; core GDP deflator C) PCE price index; core PCE price index D) PCE price index; overall PCE price index