-Use the Above Table

question 33

Multiple Choice

-Use the above table. What percentage of income is received by the poorest 60% of the population?

• A) 27.78 percent
• B) 33.33 percent
• C) 44.44 percent
• D) 55.56 percent

---

Definitions:

Relative Poverty

A condition where individuals lack the minimum amount of income needed in comparison to the average standard of living in their society.

Minimum-Wage Jobs

Positions that pay the lowest legal hourly rate employers are permitted to pay workers, often in unskilled or service-oriented fields.

Low-Income Cutoff

Is Statistic Canada’s term for the income threshold below which a family devotes at least 20 percent more of its income to the necessities of food, shelter, and clothing than does an average family.

Market Basket

A selected set of goods and services used to track the price level or cost of living over time.