The bench market for the income level necessary to maintain a basic standard of living is based on research from which U agency? Select one: O a. U.S Department of Health and Human Services b. U.S Department of Commerce c. U.S Department of Agriculture d. U.S Department of State

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
Problem 8E
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There is a tendency for individuals below the poverty line to remain there due to the structure of America's safety-net income
stabilization programs. Economists call this phenomena a policy induced
Select one:
a. poverty line
b. poverty trap
c. minimum standard of living
d. income inequality
Transcribed Image Text:There is a tendency for individuals below the poverty line to remain there due to the structure of America's safety-net income stabilization programs. Economists call this phenomena a policy induced Select one: a. poverty line b. poverty trap c. minimum standard of living d. income inequality
The bench market for the income level necessary to maintain a basic standard of living is based on research from which U.S.
agency?
Select one:
O a. U.S Department of Health and Human Services
O b. U.S Department of Commerce
c. U.S Department of Agriculture
d. U.S Department of State
Transcribed Image Text:The bench market for the income level necessary to maintain a basic standard of living is based on research from which U.S. agency? Select one: O a. U.S Department of Health and Human Services O b. U.S Department of Commerce c. U.S Department of Agriculture d. U.S Department of State
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