Table 20-3
The Distribution of Income in Hapland

-Refer to Table 20-3.Where would the government in Hapland set the poverty line to have a poverty rate of 40 percent?

Question

Table 20-3
The Distribution of Income in Hapland
 
-Refer to Table 20-3.Where would the government in Hapland set the poverty line to have a poverty rate of 40 percent?

Quizplus · Accepted Answer

The poverty line can be set as the income level where 40 percent of the population earns less than that amount. Looking at the table, we can see that the income level of $60,000 is where 40 percent of the population falls below. Therefore, the government would set the poverty line at $60,000.

Table 20-3 The Distribution of Income in Hapland