This topic contains a solution. Click here to go to the answer

Author Question: Explain what the poverty line is and its purpose. What will be an ideal ... (Read 95 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karmakat49

  • Sr. Member
  • ****
  • Posts: 369
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

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library