Multiple Choice
Which of the following explains why the U.S.poverty threshold increased from $3,000 per year in 1963 to $22,000 per year in 2009?
A) Americans are more spoiled now than they were in 1963.
B) The threshold includes more luxury items now than it did in 1963.
C) Inflation has caused the price for basic necessities to increase since 1963.
D) The government has become more benevolent than it was in 1963.
Correct Answer:
Verified
Correct Answer:
Verified
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