Econ%20104%20Syllabus--Pollin--Fall%20-page62

Econ%20104%20Syllabus--Pollin--Fall%20-page62 - • Child...

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How Did They Get Those Figures? Spending on Food in 1963 “Economy Food Budget” Mul;ply Food Budget by Three Three = poverty line Problem with Official Poverty Line LowWincome people spend more on nonWfood [email protected] than 1963
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Unformatted text preview: • Child care, health care – Due to mother’s entering the work force, rising health care – Government recognizes problem of low poverty line in de±ning eligibility for programs such as food stamps, Medicaid. 12...
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This note was uploaded on 11/07/2011 for the course ECON 104 taught by Professor Dolenc during the Fall '08 term at UMass (Amherst).

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