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Answer :
Final answer:
The official U.S. poverty income for a family of four is not $24,000, $18,000, or $20,000. As of 2021, the figure was $26,500, based on adjustments to the Orshansky poverty line, a measure that represents the same buying power over time.
Explanation:
The official poverty income for a family of four in the U.S. is not b) $24,000, c) $18,000, or d) $20,000. According to data, it is actually closer to option a) $45,000. However, this figure does fluctuate and the U.S. poverty line is adjusted over time to represent the same buying power. As of 2021, the U.S. poverty line was set at $26,500 for a household of four people. This is based on the Orshansky poverty line, a measure originally developed by Mollie Orshansky at the Social Security Administration.
It's important to note that government antipoverty programs can also impact a family's total income. For instance, a program might guarantee a certain level of income (such as $18,000), but then reduce its support dollar for dollar as the family's earned income increases.
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