Solution-Discuss about the poverty line

Discuss about the poverty line

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Question: The poverty line. The federal government announces "poverty lines" each year for households of different sizes. Households with income below the announced levels are considered to be living in poverty. An economist looked at the poverty lines over time and said that they "show a pattern of getting higher in real terms as the real income of the general population rises." What does "getting higher in real terms" say about the official poverty level?

Reference no: EM131638650

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Discuss about the poverty line

Reference no: EM131638650

Reference no: EM131638650

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