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Author Question: Explain what the poverty line is and its purpose. What will be an ideal ... (Read 81 times)

123654777

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on: Jun 29, 2018
Explain what the poverty line is and its purpose.
 
  What will be an ideal response?

Question 2

Expansionary monetary policy will result in
 
  A) a decrease in aggregate demand. B) lower interest rates.
  C) decreased rates of inflation. D) All of the above are correct.


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karmakat49

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The poverty line is the officially established income level that distinguishes the poor from the non-poor. It is set at three times the cost of the Department of Agriculture's minimum food budget.

Answer to Question 2

B


123654777

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Reply 2 on: Jun 29, 2018
:D TYSM

kishoreddi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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