Question

Question 5

In 2014, the official U.S. poverty threshold for a family of four in the U.S. is about $23,850.

True

False

Question 6

The U.S. Government counts both cash and in-kind income transfers when calculating poverty statistics.

True

False

Question 7

The world bank defines extreme poverty as living on less than $1.25 per day.

True

False

Question 8

Before a country can begin to move out of poverty, they first need to take care of the basic needs of the people.

True

False

Answer 1

5-) THE answer is TRUE.

for a family four, the official U.S poverty threshold is about $23850.

6-) THe answer is False.

because, In kind income enables poor families to enjoy higher standard living of people .adding in kind income into cash income would bring the U.S poverty count down to 9-11 percent and thats why only currently cash income is considered.

7-) The answer is True.

Extreme poverty is defined by the International Community as earning less than a $1.25 a day, as measured in 2005 international prices.

8-) THe answer is TRUE