--%>

Definitions of Poverty

The official United States “poverty line” is based upon the cost of securing the goods essential to maintain a standard of living: (w) at a middle class level of comfort. (x) one standard deviation below the national average. (y) that is minimally comfortable. (z) at a physical subsistence level.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Union Strategies and the Taft-Hartley

    The union strategy made illegal through the Taft-Hartley Act of 1948 was: (1) Jurisdictional strikes centered on which the unions would symbolize a firm’s staff. (2) Contracts in which the firms agreed to preferentially encourage the union members. (3) ‘Ri

  • Q : Define Yield to Maturity Describe what

    Describe what do you mean by the term Yield to Maturity?

  • Q : Idea of low price elasticity of demand

    Purposes for the very low price elasticity of demand for salt do not comprise the fact such that this: (w) has few good substitutes. (x) is currently relatively low priced. (y) absorbs only small percentages of most household budgets. (z) is sodium ch

  • Q : Cross-elasticity of demand Interpret

    Interpret the following Cross-Price Elasticities of Demand (XED) and explain the relationship between these goods. (3 marks total, 1.5 marks per part) XED= + 0.64 and XED= -2.6

  • Q : Post tax and transfer distribution of

    By looking the post tax and transfer distribution of income, all even constant, an increase into the progressivity of income taxes must: (w) shift the Lorenz curve outward. (x) shift the Lorenz curve upward. (y) not influence the Lore

  • Q : Problem on reducing Complementary Goods

    The failure of spaghetti crop would be most probable to decrease the: (1) Supply of cheap red wine. (2) International rate of inflation. (3) Demand for potato salad. (4) Demand for the spicy tomato sauce. (5) Prices of dinners in an Italian restaurant.

    Q : Collective Bargaining-Check off

    When a collective bargaining contract comprises a ‘check-off provision’ then: (1) Union workers can be fired if they don’t meet production quotas. (2) Firms collect the union dues by deducting them from pay-checks. (3) Workers are needed to do just t

  • Q : Right-to-Work Laws problem Can someone

    Can someone help me in finding out the right answer from the given options. The provisions of Taft Hartley Act did not proscribe: (i) Secondary boycotts. (ii) Closed shops. (iii) Jurisdictional strikes. (iv) Right-to-work laws.

  • Q : Problem on change in preferences Can

    Can someone help me in finding out the right answer from the given options. Tim liked to snack on slim jims on fishing; however his friend Earl for all time brought beef jerky. Tom slowly developed a taste for jerky and at present buys it more frequently than slim jim

  • Q : Production-Altering the chemical and

    Can someone please help me in finding out the accurate answer from the following question. The production which modifies the chemical or physical structures of a good produces utilities of: (1) Substance. (2) Place and time. (3) Form. (4) Possession.