Chapter 12: Problem 9
The poverty line a. is defined as one-half average family income. b. includes in-kind transfers. c. includes Medicaid benefits. d. has been attacked for overstating poverty.
Chapter 12: Problem 9
The poverty line a. is defined as one-half average family income. b. includes in-kind transfers. c. includes Medicaid benefits. d. has been attacked for overstating poverty.
All the tools & learning materials you need for study success - in one app.
Get started for freeTo establish the poverty line that divides poor and nonpoor families, the government a. multiplies the cost of a minimal diet by three. b. multiplies the cost of a minimal diet by five. c. adds 50 percent to the cost of a minimal diet. d. adds 100 percent to the cost of a minimal diet.
A figure that measures the relationship between the cumulative percentage of money income on the vertical axis and the cumulative percentage of families on the horizontal axis is called the a. family-income curve. b. Washington curve. c. Lorenz curve. d. Gini curve.
since \(1929,\) the overall family income distribution in the United States has become a. much more unequal. b. much less unequal. c. slightly more unequal. d. slightly more equal.
Comparing the family income distributions of the United States, the Czech Republic, and Brazil, the conclusion is that income is distributed a. most equally in Brazil. b. most equally in the United States. c. about the same in all three countries. d. most equally in the Czech Republic.
As shown in Exhibit 11,40 percent of families earned a cumulative share of about \(\quad\) percent of income. a. 5 b. 15 c. 30 d. 50
What do you think about this solution?
We value your feedback to improve our textbook solutions.