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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Income inequalities exist in the U.S. What are some policy tools the government could use to try and equalize incomes between wealthier households and poorer households? Describe two policies. Have these policies been successful in the past? Why or why not ?
If immigrants into a country are primarily low-skilled workers, it will most likely reduce all workers' wages. increase all workers' wages. reduce the wages of some workers. have no impact on any worker's wages.
What makes the Earned Income Tax Credit (EITC) different from other poverty-fighting programs? The amount of the credit is doubled if the head of household is attending college. The tax credit is phased out gradually, rather than at a specific income cutoff point. The amount of the credit is not determined by the number of dependent children in the household. The EITC doesn't require the recipient to pay a minimum amount of income tax in order to receive the credit. It creates less of an incentive to work than other programs.
Got answer
Which statement is correct regarding income guarantee programs? a-Preferences are not relevant in evaluating the costs of income guarantee programs. b-Workers generally work more with income guarantee programs with less than 100% reduction rates. c-Workers generally prefer income guarantee programs with 100% reduction rates. d-There is no benefit reduction rate guaranteed to maximize hours worked.
please label the two questions with the correct answers thank you
1. What factors lead to an increased risk for economic insecurity and poverty among older women compared with older men?
How comprehensive income is measured according to Haig Simon's definition?