When the Supplemental Poverty Measure (SPM), an experimental income-based method that takes into account more factors than does the official poverty level calculation, is used the poverty rate for older adults is higher.

Question

Quizplus · Accepted Answer

The SPM factors in additional expenses such as health care costs and adjusts for geographic variation in cost of living, resulting in a higher poverty rate for older adults.

When the Supplemental Poverty Measure (SPM), an Experimental Income-Based Method