The Poverty Threshold Is Adjusted Each Year to Reflect

question 7

Multiple Choice

The poverty threshold is adjusted each year to reflect:

• A)changes in the cost of living.
• B)changes in the size of the average family.
• C)the long-term rise in the average standard of living.
• D)changes in the cost of living and changes in the size of the average family.

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Definitions:

Electricity Generating Plants

Facilities that convert various forms of energy into electrical power, such as coal, natural gas, nuclear, solar, or wind energy.

Fixed Costs

Costs that do not change with the level of output produced, such as rent or salaries.

Operating Costs

Costs associated with the day-to-day running of a business, including rent, utilities, payroll, and raw materials, but excluding capital expenditures and debt service.

U.S. Electricity

Refers to the production, distribution, and consumption of electrical power within the United States.