Asked by Nicole Peacock on Jun 28, 2024
Verified
If we counted the value of non-cash,or in-kind,benefits given to the poor by the government,the poverty rate would be
A) higher.
B) lower.
C) not affected.
Non-Cash Benefits
Forms of compensation provided to employees or beneficiaries that are not paid out in cash, such as health insurance, pension contributions, and food assistance.
In-Kind Benefits
Non-cash goods or services provided to beneficiaries, such as food stamps, housing, and healthcare, aimed to aid those in economic need.
Poverty Rate
The ratio of the number of people whose income falls below the poverty line; usually taken as a percentage of the population in a given country or region.
- Become familiar with the statistics and demographics correlated with poverty in the United States.
- Analyze the concept of poverty as both a relative and absolute condition.
Verified Answer
SJ
Sarah JohnstonJun 30, 2024
Final Answer :
B
Explanation :
Non-cash benefits like food stamps, housing assistance, and Medicaid are not included in the traditional poverty rate calculations. If we counted the value of these benefits, the poverty rate would be lower.
Learning Objectives
- Become familiar with the statistics and demographics correlated with poverty in the United States.
- Analyze the concept of poverty as both a relative and absolute condition.