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The Federal Reserve sets the poverty threshold. true or false

User Alexmuller
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2 Answers

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No the Federal Reserve doesnt set the proverty threshold.
User Krhlk
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3 votes

Answer:

False

Step-by-step explanation:

The poverty threshold is set by a government agency called The United States Census Bureau. They do it by using two main measures, which are the Supplemental Poverty Measure and the Official Poverty Measure. They compare the minimum amount of income needed to cover basic needs to a person's or family's income.

User Rising Lee
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