A poverty threshold represents the minimum annual household income for a family not to be considered poor. In 1995, the poverty threshold for a family of four with two children under the age of 18 years was $15,828.In 2005, the poverty threshold for a family of four with two children under the age of 18 years was $19,739. Assuming poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the poverty threshold of a family of four with two children under the age of 18 in 2000. The poverty threshold of a family of four with two children under the age of 18 in 2000 is $
A poverty threshold represents the minimum annual household income for a family not to be considered poor. In 1995, the poverty threshold for a family of four with two children under the age of 18 years was $15,828.In 2005, the poverty threshold for a family of four with two children under the age of 18 years was $19,739. Assuming poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the poverty threshold of a family of four with two children under the age of 18 in 2000. The poverty threshold of a family of four with two children under the age of 18 in 2000 is $
Chapter1: Making Economics Decisions
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A poverty threshold represents the minimum annual household income for a family not to be considered poor. In 1995, the poverty threshold for a family of four with two children under the age of 18 years was $15,828.In 2005, the poverty threshold for a family of four with two children under the age of 18 years was $19,739. Assuming poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the poverty threshold of a family of four with two children under the age of 18 in 2000.
The poverty threshold of a family of four with two children under the age of 18 in 2000 is $
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