The Poverty Level Standard Changes with the Size of the Family

question 55

True/False

The poverty level standard changes with the size of the family and the cost of living.For 2008, individuals who made just over $10,000 and families of four who made just over $21,000 were eligible for means-tested assistance.

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Definitions:

Sherman Act

A foundational United States antitrust law passed in 1890, aiming to restrict monopolistic practices and promote market competition.

Interstate Commerce Act

A United States federal law that was designed to regulate the railroad industry and its monopolistic practices by requiring reasonable and just rates, prohibiting rebates, and ensuring fair treatment of railway users.

Wheeler-Lea Act

The federal law of 1938 that amended the Federal Trade Commission Act by prohibiting unfair and deceptive acts or practices of commerce (such as false and misleading advertising and the misrepresentation of products).

Antitrust Laws

Legislation designed to promote competition and prevent monopolies and other practices that restrain trade.