Critics of the U

question 32

Multiple Choice

Critics of the U.S.definition of poverty claim it is an inaccurate measure of our poor because:

• A) it is a single number that does not capture regional differences in the cost of living.
• B) the ratio of food to total income is different now than when the definition of poverty was defined.
• C) it fails to account accurately for expenditures other than food.
• D) All of these are true.

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Definitions:

Principal

The main party to a transaction or contract, or the amount of money on which interest is paid or received.

Ratify

The official approval or confirmation of a treaty, contract, or agreement, making it valid and binding.

Contract

A legally binding agreement between two or more parties that outlines the terms and conditions of a particular arrangement or transaction.

Affirm

To confirm, ratify, or declare positively, often in a legal context such as affirming a judgment.