In-kind transfers allow "poor" families to enjoy a higher living standard than their cash incomes imply.Adding those transfers to cash incomes would bring the U.S.poverty count down into the 9-11 percent range since currently only cash income is considered.
-Which of the following statements is true?
A)American poverty is less permanent than global poverty.
B)American poverty standards are below world poverty standards.
C)Approximately 25 percent of Americans live in poverty.

Question

Quizplus · Accepted Answer

American poverty is less permanent than global poverty because in-kind transfers and other social safety nets in the U.S. help improve living standards and reduce the poverty count, unlike in many parts of the world where such support systems may not be as robust.

In-Kind Transfers Allow "Poor" Families to Enjoy a Higher Living