Which of these statements is/are TRUE?
I. The official U.S. poverty threshold for an individual is an income of roughly $34 per day.
II. The World Bank and other agencies define poverty as incomes of less than $20 per day.
III. An individual in the United States with an income of $20 per day is defined to be in poverty by U.S. standards.

Question

Quizplus · Accepted Answer

The U.S. poverty threshold for an individual is indeed around $34 per day, based on the 2021 poverty guidelines. The World Bank's international poverty line is defined as living on less than $1.90 per day, which is significantly lower than $20. Therefore, statement II is incorrect. Statement III is true as $20 per day is below the U.S. poverty threshold.

Which of These Statements Is/are TRUE