Final answer:
False,The maximum subsidy of $9,000 indicated in the student's question is false as the described government antipoverty program guarantees up to $18,000. The expanded Child Tax Credit under the Biden administration also can provide assistance over $9,000, depending on the number and age of children. The sufficiency of a $20,000 income for a family of three would depend on regional poverty thresholds and the cost of living.
Step-by-step explanation:
The statement that the maximum subsidy a family can receive is $9,000 is false based on the information provided. In the scenario described, a government antipoverty program guarantees every family with a single mother and two children an income of $18,000.
The arrangement is such that with each $1,000 earned by the mother, the government will reduce its support by the same amount.
Therefore, the maximum subsidy provided by the government would be up to $18,000 to ensure the family maintains a minimum income level of $18,000, not $9,000.
Further discussions regarding fiscal policies such as the expanded Child Tax Credit (CTC) under President Joe Biden's American Rescue Plan illustrates another form of support that such families may receive.
This too can provide financial assistance above the previously mentioned threshold of $9,000, with amounts up to $3,600 per child under the age of 6. Combining such a tax credit with other government assistance programs can significantly exceed the $9,000 figure.
Concerning the poverty threshold, whether a family of three earning $20,000 could make ends meet would depend on the cost of living and the specific poverty thresholds defined by the region or country in question, which are typically established by statistical authorities or government agencies.