The distribution of income for Inequalia is as follows:
If the poverty rate in Inequalia is 25 percent,what is the poverty line in Inequalia?

Question

The distribution of income for Inequalia is as follows: 
If the poverty rate in Inequalia is 25 percent,what is the poverty line in Inequalia?

Quizplus · Accepted Answer

The poverty rate is the percentage of the population living below the poverty line. To find the poverty line, we need to determine the income level at which 25% of the population falls below. Looking at the distribution of income, we can see that 25% of the population falls below the income bracket of $10,000, making this the poverty line. Therefore, the correct answer is option B.

The Distribution of Income for Inequalia Is as Follows