Poverty Guidelines

Abstract: An 8 page paper that explains how Mollie Orshansky developed her thresholds for poverty. The writer discusses the assumptions made in her calculations and comments on the validity. The paper also provides the median income in the U.S. and selected poverty thresholds for 2004 along with the estimated amount spent on food in two categories. The threshold used by Europe is used as a comparison. The writer then comments on how impossible it is to purchase food for an adequate, nutritious diet on the amount identified. Bibliography lists 5 sources.

Filename: PGpovthr.rtf

Pages: 8

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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