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12 July, 13:39

In 2004, the poverty threshold for a family of four was Select one: a. $18,244 b. $19,157 c. $20,125 d. $21,765

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  1. 12 July, 16:06
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    b. $19,157

    Explanation:

    Poverty refers to a situation wherein an individual is unable to satisfy even his basic necessities of food and shelter.

    Poverty threshold refers to a measure to assess the number of individuals who are below the minimum threshold limit fixed.

    Poverty threshold is calculated taking into account, the minimum diet requirements of an individual, and is expressed in monetary terms i. e US Dollars. Those who earn less than the threshold limit shall be termed as poverty ridden or simply poor.

    The poverty threshold limit for a family of four was fixed at $19157 in the year 2004.
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