In a discussion with Tyrice's mother,who is an economist,Tyrice says,"I am living in poverty,I cannot be expected to buy you a birthday gift." She replies that technically Tyrice is not living in poverty because his income is above the

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The poverty threshold is the income level below which a household is considered to be living in poverty. Therefore, if Tyrice's income is above the poverty threshold, he technically is not living in poverty.

In a Discussion with Tyrice's Mother,who Is an Economist,Tyrice Says,"I