Which of the Following Explains Why the U

question 9

Multiple Choice

Which of the following explains why the U.S.poverty threshold increased from $3,000 per year in 1963 to $22,000 per year in 2009?

• A)Americans are more spoiled now than they were in 1963.
• B)The threshold includes more luxury items now than it did in 1963.
• C)Inflation has caused the price for basic necessities to increase since 1963.
• D)The government has become more benevolent than it was in 1963.

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Definitions:

Algebraic Expression

A mathematical phrase that can contain ordinary numbers, variables (like x or y), and operators (like add, subtract, multiply, and divide).

Janitorial Department

A division within a business that is responsible for maintaining the cleanliness of the premises.

Maintenance Department

The Maintenance Department is a functional division within a company responsible for the upkeep, repair, and preservation of equipment, facilities, and infrastructure.

Sequential Method

A technique in cost accounting where support department costs are allocated to other departments in a specific sequential order, taking into consideration the services provided by each support department.