According to Estimates by Paul Kroger Associates, the Percent of Households

question 135

Multiple Choice

According to estimates by Paul Kroger Associates, the percent of households that own VCRs is given by where t is measured in years, with t = 0 corresponding to the beginning of 1985. What percent of households owned VCRs at the beginning of 1985? At the beginning of 1990? ​

• A) 5.0%; 33.6%
• B) 5.0%; 34.3%
• C) 34.3%; 65.0%
• D) 2.9%; 32.9%

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Definitions:

Poverty Rate

The percentage of the population whose income falls below the poverty line, indicating their inability to afford basic needs.

Average Income

A measure of the total income received by the average individual or household within a specified demographic or economic unit over a given period.

Female-headed Households

Families or households where the primary caregiver or head is a woman.

Poverty

A state or condition in which an individual or community lacks the financial resources and essentials for a minimum standard of living.