Suppose that the poverty line had been set at $60,000 in 2008.Estimate what the poverty rate would have been in that year.

Name: Suppose that the poverty line had been set at $60,000 in 2008.Estimate what the poverty rate would have been in that year.
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The poverty line of $60,000 is significantly higher than the typical poverty threshold, which would result in a much larger portion of the population being classified as below the poverty line, likely around 60%.

Suppose That the Poverty Line Had Been Set at $60,000