In a discussion with my mother, who is an economist, I say, "I am living in poverty, I cannot be expected to buy you a birthday gift." She replies that technically I am not living in poverty because my income is above the:

Question

Quizplus · Accepted Answer

The poverty threshold is a set income level determined by the government, below which individuals are considered to be living in poverty. If your income is above the poverty threshold, then you are technically not living in poverty. Therefore, your mother's response is accurate.

In a Discussion with My Mother, Who Is an Economist