Asked by Micah Awisus on Jun 18, 2024
Verified
In 2008 the poverty line for a family of four was a little over
A) $15,025.
B) $19,050.
C) $22,025.
D) $24,025.
E) $27,000.
Poverty Line
A calculated income level used to determine who is considered poor, typically based on a family's total income and size, below which one is considered to live in poverty.
- Grasp the effect that alternate poverty benchmarks have on poverty figures.
Verified Answer
DS
Dideoluwa SotuboJun 19, 2024
Final Answer :
B
Explanation :
According to the US Department of Health and Human Services, the poverty guidelines for a family of four in 2008 was $22,025. However, the poverty line is slightly different and is based on the Consumer Price Index, which adjusts for inflation. Based on the CPI, the poverty line for a family of four in 2008 was $19,050. Therefore, the best choice based on the given options is B.
Learning Objectives
- Grasp the effect that alternate poverty benchmarks have on poverty figures.