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Hispanic households earn about 74% of the median income for white households in the US.

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1y ago

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Ten percent of all members of low income households do not always have enough healthful food to eat.


The percentage of people who live in households with income below the official poverty line is referred to as .?

The percentage of people who live in households with income below the official poverty line is referred to as the poverty rate. This metric is used to assess economic well-being and social conditions within a population, helping to identify the proportion of individuals and families struggling financially. The poverty rate can vary based on factors such as geographic location, demographic characteristics, and economic conditions.


If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income the graph would show a?

If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a straight diagonal line at a 45-degree angle. This line represents perfect equality, indicating that each percentage of households earns the same percentage of total income. Since there is no income disparity, the Lorenz Curve would coincide with the line of equality.


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How many households have income over 250000 in America?

How many households have income over 250000 in america?


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from the household, the income flow which is the purchase of goods and services will become firms. then the income flow from the firms which is the wages, interest and rents will go back to the households.


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What are the percentage of people who live in households with income below the official poverty line is referred to as OR CALLED?

The percentage of people living in households with income below the official poverty line is referred to as the "poverty rate." This statistic is commonly used to assess the economic well-being of a population and to guide social policy and resource allocation. The poverty rate can vary significantly based on factors such as location, demographics, and economic conditions.