Economics · Poverty Line Measurement Methods
How does the Orshansky Method calculate the official poverty line in the United States?
- 1By multiplying the cost of a minimum food budget by a factor of three.✓
- 2By counting the total number of people whose income falls below a predefined threshold.
- 3By evaluating deprivation across ten indicators in health, education, and living standards.
- 4By assessing an individual's own estimation of the minimum income required to make ends meet.
Correct answer
By multiplying the cost of a minimum food budget by a factor of three.
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