Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 15

IS POVERTY ON THE RISE OR ON THE DECLINE Go to the U.S. Census Bureau Web site, www.census.gov, and select Poverty (under People). Use the data provided to answer the following questions: a. Is the number of people living below the official government poverty level higher or lower than it was in the preceding year Than it was a decade earlier b. Is the poverty rate (in percent) higher or lower than it was in the preceding year for the general population, children under 18, blacks, Asians, Pacific Islanders, and whites c. How many states had increases in the poverty rate compared to the preceding year