Multiple Choice
Since 1963 prices have risen every year.As a result,the price of the poverty "basket" has risen as well.In 2009 it cost roughly $22,000 to purchase those same basic necessities for a family of four that cost only $3,000 in 1963.
-An annual income of less than $22,000 is
A) In-kind income.
B) Below the poverty threshold.
C) Extreme poverty.
Correct Answer:
Verified
Correct Answer:
Verified
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