Many sociologists recommend that the poverty measure should be periodically modified due to changes in housing costs

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Many sociologists recommend that the poverty measure should be periodically modified due to changes in housing costs and other necessary expenditures. Their recommendation is based on the fact that

a. what is considered necessary changes over time.

b. wealth inequality is more important than income inequality.

c. changes in the cost of basic necessities is not important.

d. food scarcity is too rare these days to connect to poverty.

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jan 04, 2024 08:19 AM

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Many sociologists recommend that the poverty measure should be periodically modified due to changes in housing costs

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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