5 Measuring poverty fall10 Bb.ppt

5 Measuring poverty fall10 Bb.ppt - Measuring Poverty &...

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Measuring  FMSC 381 September 13, 2010
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Government Commission: Defining Poverty Define the “poverty threshold” Why would you choose this threshold? How would you measure it?
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Measuring Poverty Subjective poverty Do you consider yourself to be poor?
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Measuring Poverty Relative poverty Half of average income in US
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Measuring Poverty Absolute poverty Basic needs Orshansky economy food plan, 1964 Minimum adequate diet (x 3) Adjust each year for inflation Food vs housing costs New measures for poverty
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381 perspectives Threshold (used by Census for statistical purposes) Guideline (used by HHS for administrative purposes) Poverty threshold for family of four is $16,623 Poverty threshold for family of four should be $29,747
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Considering Poverty Quiz: Poverty guideline for families What is the poverty guideline for a family of four in the US in 2010?
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This note was uploaded on 01/19/2011 for the course FMSC 381 taught by Professor Staff during the Fall '09 term at Maryland.

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5 Measuring poverty fall10 Bb.ppt - Measuring Poverty &...

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