Micro Economics For Today
Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
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Chapter 12, Problem 18SQ
To determine

The calculation of the US poverty line.

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Students have asked these similar questions
how to find the 90/10 income ratio?
How is the poverty rate calculated? What is the poverty line?
Talk with some classmates about how much a family of four (two parents and two young children) in your area would have to pay each year for food, clothes, a place to live, energy, and other basic needs. What number do you get? How does this amount of money relate to the 2010 poverty line of $ 22, 213 for a family of four?
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