Author Question: The minimal income level that the federal government considers necessary for basic subsistence is ... (Read 36 times)

ghost! · **on:** Jul 1, 2018

The minimal income level that the federal government considers necessary for basic subsistence is called _____.

A) the income deficit
B) prestige
C) wealth
D) meritocracy
E) the poverty line

Question 2

Which of the following statements best describes relative poverty?

A) It is defined as not having enough money to afford the basic necessities of life.
B) It is defined as not having enough money to maintain an average standard of living.
C) It is the minimal income level that the federal government considers necessary for basic subsistence.
D) It refers to the worldwide inequality patterns that result from differences in wealth, power, and prestige.
E) It refers to the movement up or down a social class over one's lifetime.