When Exploring If the Poverty Line Is Set at a Realistic

question 18

Multiple Choice

When exploring if the poverty line is set at a realistic level,

• A)conservatives argue that the poverty line is set at too low level,noting that they believe total needs from spending on food is incorrect.
• B)liberals argue that the poverty line is set at too high a level,noting that the USDA itself estimates tha only 10% of the persons spending the amount allowed in the economy food budget are able to get a nutritionally adequate diet.
• C)radicals argue that the poverty line needs to be dismantle,no baseline sould be set for defining poverty
• D)None of the above

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Definitions:

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected, multiplied by the standard cost per unit of material.

Cash Account

A financial account that tracks the money that is readily available for a company or individual, including physical currency and balances in bank accounts.

Raw Materials

The basic materials from which a product is made, often used in manufacturing processes.

Cash Account

An account that tracks the amount of cash transactions entering and leaving a business.