Question 1

Today the greatest number of poor are _________ Americans,but the poverty rate for __________ Americans is higher.

Accepted Answer

A)   white; black and Hispanic
B)   black; white
C)   black; Hispanic
D)   white; HispanicE) A) and B)
F) A) and C)

Question 2

The Gini coefficient is calculated by measuring the area between:

Accepted Answer

A)   the line of perfect inequality and the Lorenz curve.
B)   the line of perfect equality and the Lorenz curve.
C)   the Lorenz curve and the x-axis.
D)   the Lorenz curve and the y-axis.E) A) and D)
F) None of the above

Question 3

Incomes for adults vary widely across race and gender in the United States.These differences could be due to:

Accepted Answer

A)   education.
B)   experience.
C)   choice of occupation.
D)   All of these can explain the differences.E) None of the above
F) A) and B)

Question 4

Because the U.S.poverty line is an absolute measure rather than a relative one,the official U.S.poverty rate:

Accepted Answer

A)   increased steadily when there was economic growth that raised the incomes of low-income families.
B)   fell steadily when there was economic growth that raised the incomes of low-income families.
C)   fell steadily when there was economic growth that caused inequality to grow among the population.
D)   increased steadily when there was economic growth that caused inequality to decline across the population.E) B) and D)
F) None of the above

Question 5

Which of the following types of countries has experienced increasing inequality in recent decades?

Accepted Answer

A)   Poor countries
B)   Rich countries
C)   Countries with low economic growth
D)   All of these have experienced increasing inequality.E) None of the above
F) All of the above

Question 6

Income mobility is:

Accepted Answer

A)   how much income is stored in offshore banks.
B)   the ability to improve one's economic circumstances over time.
C)   how likely the income associated with each job in the country will change in relative terms.
D)   how likely the income associated with each job in the country will increase over time.E) A) and C)
F) None of the above

Question 7

The US government began tracking poverty in the late:

Accepted Answer

A)   1950s.
B)   1960s.
C)   1970s.
D)   1940s.E) None of the above
F) B) and C)

Question 8

Unemployment insurance pools risk across __________,and Social Security and Medicare pool risk across __________

Accepted Answer

A)   time; the labor force.
B)   the labor force; all retired people.
C)   time; age.
D)   the labor force; time.E) A) and C)
F) A) and D)

Question 9

Differences in earnings between racial groups is due in part from differences in:

Accepted Answer

A)   ability to achieve.
B)   educational attainment.
C)   geographical location.
D)   None of these is true.E) A) and B)
F) All of the above

Question 10

Creating policy with the goal of increasing economic growth would be considered:

Accepted Answer

A)   to indirectly help eliminate poverty.
B)   to indirectly hurt efforts to eliminate poverty.
C)   to only help if directed toward poor areas.
D)   None of these is true.E) All of the above
F) C) and D)

Question 11

Perfect income equality means:

Accepted Answer

A)   everyone earns exactly what they're worth.
B)   everyone earns the exact same amount.
C)   people earn different amounts based on what they do, but everyone in the same job earns the same amount.
D)   everyone enjoys exactly the same standard of living.E) All of the above
F) A) and B)

Question 12

One difference from private insurance programs is that social insurance programs:

Accepted Answer

A)   serve everyone who meets baseline eligibility requirements.
B)   use a sliding scale of payment based on ability to pay.
C)   are universally offered to everyone.
D)   None of these is true.E) B) and C)
F) A) and D)

Question 13

Economists understand that using statistical discrimination

Accepted Answer

A)   is never rational.
B)   means some individuals are discouraged from acquiring skills.
C)   is always illegal.
D)   All of the aboveE) A) and B)
F) A) and C)

Question 14

Temporary Assistance to Needy Families is a government program with the goal of:

Accepted Answer

A)   redistribution.
B)   economic growth.
C)   social insurance.
D)   None of these is true.E) A) and B)
F) None of the above

Question 15

The World Bank estimates that about ____ of the planet lives below $1.90 a day per person,and ____ lives on less than $3.10:

Accepted Answer

A)   1%; 35%.
B)   13%; 50%.
C)   35%; 50%.
D)   13%; 35%.E) A) and B)
F) None of the above

Question 16

To understand how poverty,inequality,and discrimination affect the economy,__________ analysis is used,and _________ analysis is used to address whether the government should try to reduce inequality in the name of social justice.

Accepted Answer

A)   positive; objective
B)   subjective; normative
C)   normative; positive
D)   positive; normativeE) B) and D)
F) A) and B)

Question 17

Which of the following countries has higher income mobility than the United States?

Accepted Answer

A)   Canada
B)   France
C)   Denmark
D)   All of these countries have higher income mobility than the United States.E) B) and D)
F) B) and C)

Question 18

In the United States,the top 20 percent of income earners earn:

Accepted Answer

A)   over 60 percent of total income.
B)   over 70 percent of total income.
C)   just under 50 percent of total income.
D)   just under 40 percent of total income.E) All of the above
F) None of the above

Question 19

Income mobility tells us:

Accepted Answer

A)   how likely people are to seek out opportunities to better themselves.
B)   the inflation rate associated with wages across all jobs in a country.
C)   how available the opportunity to better oneself is in the economy.
D)   the inflation rate relative to the cost of living in a country.E) None of the above
F) A) and D)

Question 20

Between 1960 and 1995,Social Security benefits:

Accepted Answer

A)   increased, which increased the poverty rate among the elderly.
B)   decreased, helping reduce the poverty rate among the elderly.
C)   increased, helping reduce the poverty rate among the elderly.
D)   decreased, which increased the poverty rate among the elderly.E) A) and B)
F) C) and D)

Exam 21: Poverty, Inequality, and Discrimination

Income mobility is:

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Creating policy with the goal of increasing economic growth would be considered:

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Perfect income equality means:

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Between 1960 and 1995,Social Security benefits:

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Which of the following types of countries has experienced increasing inequality in recent decades?

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Economists understand that using statistical discrimination

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Differences in earnings between racial groups is due in part from differences in:

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The Gini coefficient is calculated by measuring the area between:

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The World Bank estimates that about ____ of the planet lives below $1.90 a day per person,and ____ lives on less than $3.10:

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Income mobility tells us:

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One difference from private insurance programs is that social insurance programs:

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To understand how poverty,inequality,and discrimination affect the economy,__________ analysis is used,and _________ analysis is used to address whether the government should try to reduce inequality in the name of social justice.

Correct AnswerverifiedShow Answer

Temporary Assistance to Needy Families is a government program with the goal of:

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Today the greatest number of poor are _________ Americans,but the poverty rate for __________ Americans is higher.

Correct AnswerverifiedShow Answer

Incomes for adults vary widely across race and gender in the United States.These differences could be due to:

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Unemployment insurance pools risk across __________,and Social Security and Medicare pool risk across __________

Correct AnswerverifiedShow Answer

In the United States,the top 20 percent of income earners earn:

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Which of the following countries has higher income mobility than the United States?

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Because the U.S.poverty line is an absolute measure rather than a relative one,the official U.S.poverty rate:

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The US government began tracking poverty in the late:

Correct AnswerverifiedShow Answer

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The World Bank estimates that about of the planet lives below $1.90 a day per person,and lives on less than $3.10:

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To understand how poverty,inequality,and discrimination affect the economy,__ analysis is used,and _ analysis is used to address whether the government should try to reduce inequality in the name of social justice.

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Today the greatest number of poor are _ Americans,but the poverty rate for __ Americans is higher.

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Unemployment insurance pools risk across ,and Social Security and Medicare pool risk across

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