A household is considered poor if:

Question

Quizplus · Accepted Answer

The official poverty threshold is set by the government and varies based on household size and composition. If a household's income falls below this threshold, they are considered poor. Therefore, option C is the correct choice. Option A is not necessarily true since the median income may not represent a livable wage. Option B is not clear because in-kind transfers can vary and may not necessarily lift a household out of poverty. Option D is not a widely used measure of poverty and does not take into account other necessary expenses such as food and clothing.

A Household Is Considered Poor If