The Official Poverty Level Is Based on

question 272

Multiple Choice

The official poverty level is based on

• A) total net worth.
• B) pretax income, and includes cash subsidies but does not include in-kind subsidies such as food stamps.
• C) after-tax income, and includes both cash and in-kind government subsidies.
• D) wages and salaries, plus any unreported amounts of income from the underground economy.

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