12. The Supplemental Poverty Measure (SPM) can be more accurate than the Official Poverty Line (OPL)...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
12. The Supplemental Poverty Measure (SPM) can be more accurate than the Official Poverty Line (OPL) because: O none of the other answers are true; the SPM simply updates the OPL methodology by using data from the 2000 instead of the 1950s. the SPM is based on a broader range of costs while the OPL is based on the cost of food. the SPM takes into account local cost of living while the OPL does not AND the SPM is based on a broader range of costs while the OPL is based on the cost of food. the SPM takes into account local cost of living while the OPL does not. 12. The Supplemental Poverty Measure (SPM) can be more accurate than the Official Poverty Line (OPL) because: O none of the other answers are true; the SPM simply updates the OPL methodology by using data from the 2000 instead of the 1950s. the SPM is based on a broader range of costs while the OPL is based on the cost of food. the SPM takes into account local cost of living while the OPL does not AND the SPM is based on a broader range of costs while the OPL is based on the cost of food. the SPM takes into account local cost of living while the OPL does not.
Expert Answer:
Answer rating: 100% (QA)
the SPM takes into account local cost of living while the OPL does not AND the SPM is based on a bro... View the full answer
Related Book For
Posted Date:
Students also viewed these economics questions
-
Refer to Exhibit to answer the following questions about Microsoft Corporation investments. a. Microsoft reports unrealized gains and unrealized losses on securities. Accordingly, the investment cost...
-
Refer to Example 11.4 to answer the following questions qualitatively. (a) Would you expect the stream flows measured in the watershed to change if the 12.3 cm of precipitation fell in a 6-hr instead...
-
Refer to below graph Figure 141 to answer the following questions a What is the Federal Fund Rate at the initial level of reserves supply b How does the Fed hit its federal funds rate target of 2
-
Question 13 Case Study - Little Pear Administration Pty Ltd (LPA) You are the payroll officer for Little Pear Administration Pty Ltd (LPA). Debra Foy is a company employee and has approached you with...
-
How does the magnitude of electric force compare between a pair of charged particles when they are brought to half their original distance of separation? To one-quarter their original distance? To 4...
-
In its statement dated June 14, 2017, the Federal Open Market Committee indicated that inflation is running somewhat below 2%. Go to http://research.stlouisfed.org/fred2/, and click on the Series ID...
-
Which of the following is an activity not usually associated with forensic accounting and fraud examination consulting and litigation support? 1. A. Assessing fraud risk associated with internal...
-
Depreciation and Cash Flow Ohare Companys only asset as of January 1, 2010, was a limousine. During 2010, only the following three transactions occurred: Services of $100,000 were provided on...
-
When a company lends money to employees at a rate of 4%, the company will record ______. Multiple choice question. a liability called Accounts Payable a liability called Notes Payable an asset called...
-
Why is competition in internet streaming services heating up? Who is jumping into the fray, and why? How do these companies differ? What do you expect the result of this intensifying competition will...
-
1 Emport java.util.Scanner; 2 3 public class CallMagicFormula { 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 } // DO NOT MODIFY magic! public static double magic(int...
-
How would you define the words "debit" and "credit". There are six "Categories" of accounts. List each category and the side of the T account that you would use to increase that account.
-
In 1980, Saab-Scania plans to enter the agricultural machinery industry. As part of its expansion plan, Saab-Scania is looking to acquire a company specializing in artificial intelligence-assisted...
-
MaxiMac Enterprises manufactures The Kitchen Wizz. Data relating to the production of 'Kitchen Wizz' for 2019 was as follows: Annual volume in units $32,000 Selling price per unit $60 Variable...
-
(a) Explain why bond prices fluctuate in response to interest rate changes by the central bank (e.g. the Bank of England or the Federal Reserve). (4 marks, maximum 200 words) (b) Why are short-term...
-
a ball is thrown vertically in the air with a velocity of 64 ft/s from the edge of a cliff 128 ft above river. (acceleration due to gravity is -32 ft/s^2). a) find the velocity of the ball for all...
-
You wish to create a financial instrument that has a payoff in 6 months' time equal to the maximum value of $1,000 and $1,000+ $0.3* (S&P Index in 6 months' time - 3,200). The current S&P 500 index...
-
Fill in each blank so that the resulting statement is true. 83 + 103 = ______ .
-
The availability of jobs at higher real wages motivates many people to migratelegally or illegallyto the United States. Other things being equal, what impact would a large influx of immigrants have...
-
Why is a more narrowly defined good (pizza) likely to have a greater elasticity of demand than a more broadly defined good (food)?
-
Why would the Fed seldom do an open market purchase of government securities at the same time that it raises the discount rate or the required reserve ratio?
-
Consider the electrical circuit shown below where \(v_{i}(t)=\beta\), for \(t \geq 0\). Find the dynamic system response \(v_{o}(t)\). VC C ww R V;(t) R ww R3 A First-Order Electrical System Vo (t) +
-
Find the dynamic system response for the spring mass damping system shown in Figure 3.2, where \(f(t)=\beta, x(0)=0\) (i.e. there is no initial energy stored). b f(t) k Figure 3.2 A first-order...
-
Consider a first-order system with a forcing function \(f(t)\) such that input-output differential equation is given by \[\begin{equation*}\dot{y}+3 y=f(t) \text {, } \tag{3.7}\end{equation*}\] where...
Study smarter with the SolutionInn App