Ask Question
BusinessBusiness
25 March, 02:00

If the poverty threshold for a family of four with two children was $18,850 in 2004, which family would be counted as poverty-stricken?

+4
Answers (2)
  1. 25 March, 04:37
    0
    If the poverty threshold for a family of four with two children was $18,850 in 2004, then a family earning a total household income of $354 per week would be counted as poverty-stricken because the family would only get $18,408 per year and that is less than $18,850.
  2. 25 March, 05:25
    0
    This means that the family earned an income of $150 per month if it were just on the threshold of poverty. Therefore a family of four with two children earning earning less than $150 per month would be counted as poverty stricken.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If the poverty threshold for a family of four with two children was $18,850 in 2004, which family would be counted as poverty-stricken? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Blain Company has $10,000 of accounts receivable that are current, $5,000 that are between 0 and 30 days past due, $3,000 that are between 30 and 60 days past due, and $800 that are more than 60 days past due.
Answers (1)
Which of the following statements is true? Increasing dividends will always increase the stock price. Increasing dividends will always decrease the stock price, because the firm is depleting internal funding resources.
Answers (2)
Joyce is self-employed and uses the calendar year and the accrual method of accounting. She reports the following activities for December:1.) Received $10,000 from clients for services to be performed next year2.
Answers (1)
Claire provide $100 of services to customers on account with terms 2/10, n/30. The Service Revenue account is credited for $100.
Answers (1)
We have the following data for a hypothetical open economy: GNP = $9,0009,000 Consumption (C) = $7,5007,500 Investment (I) = $1,4001,400 Government Purchases (G) = $1,6001,600 Tax Collections (T) = $1,200what is the value of total savings S?
Answers (1)
New Questions in Business
Jase Manufacturing Co.'s static budget at 7,800 units of production includes $39,000 for direct labor and $2,340 for electric power. Total fixed costs are $39,700.
Answers (1)
Why is it important for organizations and their managers to pay close attention to fair employment practices?
Answers (2)
Which of the elements of this scenario represent a flow from a household to a firm? this could be a flow of dollars, inputs, or outputs. check all that apply.
Answers (1)
Bob has the responsibility for product development, pricing, promotion, and distribution of Hi-Vee Vitamins for children. Bob's job would not involve:
Answers (1)
Which one of the following correctly describes the dividend yield? Multiple Choice Next year's annual dividend divided by today's stock price This year's annual dividend divided by today's stock price This year's annual dividend divided by next
Answers (1)
Home » Business » If the poverty threshold for a family of four with two children was $18,850 in 2004, which family would be counted as poverty-stricken?
Sign Up Forgot Password?