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AleksAgata [21]
2 years ago
6

Income alone does not give the full picture of standard of living. Why not?

Advanced Placement (AP)
1 answer:
OverLord2011 [107]2 years ago
7 0

Answer:

the long term, the U.S. standard of living has improved. Still, there are some vital numbers to watch. After five years of the poverty rate going down in the U.S., it rose in 2020. The official U.S. poverty rate was 10.5% in 2019, but in 2020 it was up to 11.4%.

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Explanation:

m here means mean.

Mean or more accurately arithmetic mean, is calculated by adding all the terms and then dividing by the number of terms.

If there are 5 terms being 4, 5, 5, 6 and a fifth one which is x, and the mean is 6. The relevant expression is:

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Solving it:

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Answer:

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