Dina and Charles are married, under the age of 65, and have two children under the age of 18. Charles works full time and earns $19,000, while Dinaworks part time and earns $9,000. Thus, in total, their family income is $28,000. Are Charles and Dina living in poverty?O YesO NoSuppose that Charles divorces Dina and leaves the family without paying alimony or child support. Dina must now support her two children alone, soshe begins working full time and earns a total of $18,000. Are Dina and her children living in poverty?O YesO NoAgain, consider Dina, a single mother with two children under 18 who earns an annual income of $18,000. Suppose that Dina qualifies for a welfareprogram for single mothers that provides her with $4,000 in food assistance. After receiving welfare, is Dina's family living in poverty?O YesO No The following table shows the U.S. poverty thresholds for 2018 by size of family and number of related children under the age of 18. All figures are indollars. For example, a family with two adults and three children is considered to be living in poverty if the family's income in 2018 is below $29,967.Related Children under 18 YearsSize of Family UnitNoneOneTwoThreeFourFiveOne person (unrelated individual)Under 65 years13,06465 years and over12,043Two personsHouseholds under 65 years16,81517,308Households 65 years and over15,178 17,242Three persons19,64220,21220,231Four persons25,900 26,32425,46525,554Five persons31,23431,68930,71829,96729,509Six persons35,92536,06835,32434,61233,55332,925Seven persons41,33641,59440,70540,08538,92937,581Eight persons46,23146,64045,80045,06444,02142,696Nine persons or more55,613 55,88355,14054,51653,49152,082Source: "Poverty Thresholds by Size of Family and Number of Children, 2018," United States Census Bureau,https://www.census.gov/data/tables/2019/demo/income-poverty/p60-266.html.

"Poverty refers to the condition where a household is deprived of basic and necessary goods because…

Dina and Charles are married, under the age of 65, and have two children under the age of 18. Charles works full time and earns $19,000, while Dina works part time and earns $9,000. Thus, in total, their family income is $28,000. Are Charles and Dina living in poverty? Yes No Suppose that Charles divorces Dina and leaves the family without paying alimony or child support. Dina must now support her two children alone, so she begins working full time and earns a total of $18,000. Are Dina and her children living in poverty? Yes No Again, consider Dina, a single mother with two children under 18 who earns an annual income of $18,000. Suppose that Dina qualifies for a welfare program for single mothers that provides her with $4,000 in food assistance. After receiving welfare, is Dina's family living in poverty? Yes No

Dina and Charles are married, under the age of 65, and have two children under the age of 18. Charles works full time and earns $19,000, while Dina works part time and earns $9,000. Thus, in total, their family income is $28,000. Are Charles and Dina living in poverty? Yes No Suppose that Charles divorces Dina and leaves the family without paying alimony or child support. Dina must now support her two children alone, so she begins working full time and earns a total of $18,000. Are Dina and her children living in poverty? Yes No Again, consider Dina, a single mother with two children under 18 who earns an annual income of $18,000. Suppose that Dina qualifies for a welfare program for single mothers that provides her with $4,000 in food assistance. After receiving welfare, is Dina's family living in poverty? Yes No

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Income Inequality And Poverty

Section: Chapter Questions

Problem 7PA

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