In the U.S.,the cutoff point for the poverty level is established as the:
A) amount earned by an individual working full-time, full-year at minimum wage.
B) average income of workers working full-time, full-year.
C) amount needed to meet the minimum requirements of a decent living standard.
D) amount needed to prevent starvation.

Question

Quizplus · Accepted Answer

The poverty level is established as the amount needed to meet the minimum requirements of a decent living standard. This is determined by calculating the cost of a basic budget of necessary items, such as housing, food, transportation, and healthcare, and adjusting for family size and geographic location. This is used to determine eligibility for various government programs and assistance, such as Medicaid and SNAP (formerly known as food stamps).

In the US,the Cutoff Point for the Poverty Level Is Established as Established