The figure given below shows the Lorenz curves of two countries (Country A and Country B).Figure 19.2
Total income (cumulative percentage)
Total population (cumuative percentage)

-The official poverty-line income is adjusted annually for _____.

Question

The figure given below shows the Lorenz curves of two countries (Country A and Country B).Figure 19.2
Total income (cumulative percentage)
Total population (cumuative percentage)
 
-The official poverty-line income is adjusted annually for _____.

Quizplus · Accepted Answer

The official poverty-line income is adjusted annually for inflation to ensure that it keeps up with the rising cost of living. This helps to ensure that the poverty line accurately reflects the minimum income needed to maintain a basic standard of living.

The Figure Given Below Shows the Lorenz Curves of Two