3. In 2011 the poverty level for a family of four was $23,201. a. If one-third of...

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3. In 2011 the poverty level for a family of four was $23,201.

a. If one-third of the total income of lower-income households is typically used for food, estimate the amount of money per day per person available for food for a person living at or below the poverty rate.

b. How much does that leave for this family per month for everything else: rent, utilities, taxes, auto, medical, clothing, and education? (Radical)

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 03:00 AM

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3. In 2011 the poverty level for a family of four was $23,201. a. If one-third of...

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Microeconomics

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