Which of the following is true of the poverty threshold?

Question

Quizplus · Accepted Answer

The poverty threshold refers to the income level below which individuals or families are considered to be in poverty, and is determined by the government based on estimates of the amount of money needed to cover basic expenses such as food, housing, and healthcare. Therefore, A is the correct answer as it accurately describes the function of the poverty threshold. B is incorrect as the threshold is adjusted annually for inflation, so it does change over time. C is incorrect, as eligibility for government assistance is based on a range of factors beyond income level. D is incorrect, as the poverty threshold is specifically about income and does not relate to whether someone can maintain an average standard of living.

Which of the Following Is True of the Poverty Threshold