Asked by Kristian Johnston on Jun 09, 2024
Verified
In 2009 if the poverty line had been set lower,the poverty rate would have been
A) lower.
B) the same.
C) higher.
Poverty Line
The lowest amount of income considered sufficient for living in a specific country.
Poverty Rate
The ratio of the number of people in a given age group whose income falls below the poverty line, taking into account the number of people in the household.
- Fathom the consequence of differing poverty lines on rates of poverty.
Verified Answer
JP
Jaskaran PattarJun 11, 2024
Final Answer :
A
Explanation :
Setting the poverty line lower would mean fewer people's incomes would fall below it, thus reducing the number of individuals classified as living in poverty.
Learning Objectives
- Fathom the consequence of differing poverty lines on rates of poverty.