Which of the following statements is not correct?
A) The poverty line is an absolute level of income set by the federal government below which a family is considered to be in poverty.
B) The poverty line is approximately equal to three times the cost of providing an adequate diet.
C) The poverty line is adjusted annually to reflect changes in price levels.
D) The poverty line is adjusted semiannually to reflect changes in fuel prices.
Correct Answer:
Verified
Q312: Measuring poverty using an absolute income scale
Q313: Table 20-11
Poverty Thresholds in 2011, by Size
Q314: Poverty is found to be correlated with
A)age
Q315: Table 20-11
Poverty Thresholds in 2011, by Size
Q316: The poverty rate is the percentage of
Q318: Table 20-11
Poverty Thresholds in 2011, by Size
Q319: Table 20-11
Poverty Thresholds in 2011, by Size
Q320: The federal government sets the poverty line
Q321: Which of the following is not correct?
A)Poverty
Q322: Figure 20-4
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