b) $32,000
c) $21,000
2. a) LICO is Low-income-cut-off
b) It is the level at which families spend 20% more of their gross income on food, shelter and clothing than the average Canadian
c) Gross Income is a person's total income before taxes.
3. a) Nearly 30% of families live in poverty in Toronto
b) It is double the number of families that lived in poverty in 1990
c) A poor family in Toronto is a family that has an income less than half the median income, which is $41,000 after taxes
4. a) L.I.M is the Low-Income-Meaure
b) The measure works by measuring the income of families, if they have less than half the median income of a comparable family size and age
c) The issue under question is that how can the problem be attacked effectively when the country can't decide what measure to use
d) I agree with the thesis of the question because if the country can't decide on a measure to use, they cannot determine who is considered poor and who isn't. It also causes a confusion because of the different statistics posted by both Statistics Canada and the Fraser Institute
5. a) The Fraser Institute is an independent non-partisan research and educational organization based in Canada
b) The institute does not have a political leaning since its non-partisan (free from party affiliation, bias or designation)
c) The Fraser Institute prefers a poverty line of $16,186 to the LICO cutoff of