This is a common measure of poverty in "less developed" or low-income countries around the world. Group of answer choices The share of people who lack the resources sufficient to live with "dignity." The gap between the top and bottom income earners. The share of people living on less than $2.15 a day. The share of people making less than half the median income.
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" This measure takes into account factors such as access to basic necessities like food, shelter, healthcare, and education. Show more…
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Use the drop down menus in the spaces below to answer the following questions: If poverty was defined as, "the lowest 15% of households by income in the USA" then this would be a(n) [ Select ] [relative, absolute, classic, iconic] definition of poverty. Under this definition, poverty [ Select ] [could be, could be not] eliminated in the USA. If poverty was defined as, "households that earn income of less than $10,000 per person in the USA" then this would be a(n) [ Select ] [could be, could be not] definition of poverty. Under this definition, poverty [ Select ] [could be, could be not] eliminated in the USA.
Akash M.
Poverty Threshold Poverty thresholds are determined by the U.S. Census Bureau. A poverty threshold represents the minimum annual household income for a family not to be considered poor. In $2003,$ the poverty threshold for a family of four with two children under the age of 18 years was $\$ 18,660$. In 2013 , the poverty threshold for a family of four with two children under the age of 18 years was $\$ 23,624$. Assuming that poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the poverty threshold for a family of four with two children under the age of 18 in $2008 .$ How does your result compare to the actual poverty threshold in 2008 of $\$ 21,834 ?$
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The Distance and Midpoint Formulas
Poverty Threshold Poverty thresholds are determined by the U.S. Census Bureau. A poverty threshold represents the minimum annual household income for a family not to be considered poor. In $2004,$ the poverty threshold for a family of four with two children under the age of 18 years was $\$ 19,157$. In $2012,$ the poverty threshold for a family of four with two children under the age of 18 years was $\$ 23,283 .$ Assuming poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the poverty threshold of a family of four with two children under the age of 18 in $2008 .$ How does your result compare to the actual poverty threshold in 2008 of $\$ 21,834 ?$
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