Multiple Choice
Suppose the average value of in-kind transfers increases by $2,000 from 2013 to 2014. The poverty rate
A) is more likely to understate the true level of poverty.
B) is more likely to overstate the true level of poverty.
C) will increase by $2,000 divided by the poverty level.
D) Both b and c are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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