The official poverty level is derived by calculating the minimum cash income required to maintain families of different sizes. The dollar amounts change each year to
A) accommodate immigration.
B) take into account the effect of interest rates.
C) account for unemployment.
D) take into account the effect of inflation.

Question

Quizplus · Accepted Answer

The official poverty level adjusts for inflation in order to reflect changes in the cost of living. This ensures that the poverty level accurately reflects the minimum income needed to maintain a basic standard of living. It is not adjusted for immigration or unemployment, and interest rates are not directly relevant to the poverty level calculation.

The Official Poverty Level Is Derived by Calculating the Minimum