Define the poverty rate, Since the official poverty line

Define the poverty rate

Reference no: EM131403137

1. Define the poverty rate. Does it rise or fall during recessions?

2. Since the official poverty line was set at $3,000 in 1964, prices have risen by about a factor of 7. If the poverty line was adjusted only for inflation, what would it be now? How does that compare with the actual poverty line?

Reference no: EM131403137

Questions Cloud

Adopts an unethical persuasion strategy : What can someone do when an employer adopts an unethical persuasion strategy that will involves the person in creating, implementing, or participating in it? (Hint: Think about the persuasive strategies you have studied.)

Discuss the concept of the optimal amount of inequality : Discuss the concept of the "optimal amount of inequality." What are some of the practical problems in determining how much inequality really is optimal?

Why a business may not want to hold too much working capital : Examine the key reasons why a business may not want to hold too much or too little working capital. Provide examples that illustrate the consequences of either situation.

Strongest argument for the mexican side : What is the strongest argument to make for the American side in the dispute over tuna and dolphins? What is the strongest argument for the Mexican side? In your view, did the GATT dispute settlement panel do the right thing?

Define the poverty rate : Since the official poverty line was set at $3,000 in 1964, prices have risen by about a factor of 7. If the poverty line was adjusted only for inflation, what would it be now? How does that compare with the actual poverty line?

Discuss the perspective you could gain : Discuss the perspective you could gain, and what a "favorable price" and a "favorable quantity" variance mean in this application.

What is a marketing plan : What is a marketing plan? Why do companies prepare a marketing plan? Have you ever created or read about a marketing plan before?

What is expected outcome of planned learning experience : What is the expected outcome of the planned learning experience? Expressed as an outcome seen or measured in the learner - not the nurse

Use a statistical software package to fit model to the data : Propose a first-order model for y as a function of all seven independent variables.- Use a statistical software package to fit the model to the data in the table.

User Account

All Pages