The American Community Survey (ACS) is an ongoing nationwide survey conducted by the United States Census Bureau. The ACS provides data on income levels classified by race, gender, educational attainment, employment status and housing characteristics, among other categories. This data is used by many organizations, both public and private, to allocate funds and assess the changing conditions in local communities.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter28: Income Inequality And Poverty
Section: Chapter Questions
Problem 12CQ
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The American Community Survey (ACS) is an ongoing nationwide survey conducted by the United States Census Bureau. The ACS provides data on income levels classified by race, gender, educational attainment, employment status and housing characteristics, among other categories. This data is used by many organizations, both public and private, to allocate funds and assess the changing conditions in local communities.
 
According to the ACS, poverty rates in the United States are HIGHER/LOWER for part-time workers than they are for full‑time workers.
 
According to the ACS, poverty rates in the United States are HIGHER/LOWER for black individuals than they are for white individuals.
 
Suppose that the least expensive plan with which a family of four can provide itself a nutritionally balanced meal plan in 1963 is $820 .
 
Given this information, what is the poverty threshold in 1963 for a family of four?
poverty threshold: $
 
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