Table 20-2 Poverty Thresholds in 2002, by Size of Family and Number

question 33

Multiple Choice

Table 20-2
Poverty Thresholds in 2002, by Size of Family and Number of Related Children Under 18 Years
[Dollars]

Source: U. S. Bureau of the Census, Current Population Survey.
-Refer to Table 20-2.What is the poverty line for a family of three with one child?

• A)$12,072
• B)$12,400
• C)$14,480
• D)$14,494

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Definitions:

Endowment Effect

A phenomenon in which people ascribe more value to things merely because they own them.

Examples

Specific instances or cases used to illustrate a principle, method, or phenomenon.

Self-Enhancement

The tendency for individuals to promote their self-image by focusing on positive feedback and minimizing negative feedback.

Culture

The shared beliefs, practices, norms, and values of a group of people that shape their behavior and perspectives.