Question 1

The percentage of the U.S. population living in poverty in 2015 was:

Accepted Answer

A)  less than 15 percent. 
B)  20-24 percent. 
C)  25-29 percent. 
D)  30-35 percent. 
E)  greater than 35 percent. 
A)  less than 15 percent. 
B)  20-24 percent. 
C)  25-29 percent. 
D)  30-35 percent. 
E)  greater than 35 percent.

Question 2

One explanation for why the poor tend to receive more noncash assistance than cash assistance is that:

Accepted Answer

A)  the poor are better off with noncash assistance. 
B)  the poor prefer to receive noncash assistance. 
C)  taxpayers prefer to give noncash assistance. 
D)  those who supply noncash services have less political power than the poor. 
A)  the poor are better off with noncash assistance. 
B)  the poor prefer to receive noncash assistance. 
C)  taxpayers prefer to give noncash assistance. 
D)  those who supply noncash services have less political power than the poor.

Question 3

After adjusting for noncash aid, the poverty rate in the United States is:

Accepted Answer

A)  unchanged. 
B)  higher. 
C)  lower. 
D)  in some regions lower, but in most regions higher. 
A)  unchanged. 
B)  higher. 
C)  lower. 
D)  in some regions lower, but in most regions higher.

Question 4

Use the following to answer questions.
Exhibit: Income Distribution  
-(Exhibit: Income Distribution) Curve B indicates that:

Accepted Answer

A)  the lowest 60 percent of the families get 40 percent of the income. 
B)  the lowest 80 percent of the families get 40 percent of the income. 
C)  the lowest 80 percent of the families get 80 percent of the income. 
D)  income is quite equally distributed. 
A)  the lowest 60 percent of the families get 40 percent of the income. 
B)  the lowest 80 percent of the families get 40 percent of the income. 
C)  the lowest 80 percent of the families get 80 percent of the income. 
D)  income is quite equally distributed.

Question 5

In 2015, white female wages were about 80% of white male wages.

Accepted Answer

A) True 
 B)False

Question 6

Since the late 1960s, a factor that is associated with the _______ in income _______ in the United States has been the _______ in the percentage of families headed by _______ .

Accepted Answer

A)  decrease; inequality; increase; women. 
B)  increase; equality; increase; married couples 
C)  increase; inequality; increase; women 
D)  decrease; equality; increase; married couples 
A)  decrease; inequality; increase; women. 
B)  increase; equality; increase; married couples 
C)  increase; inequality; increase; women 
D)  decrease; equality; increase; married couples

Question 7

Use the following to answer questions .
Exhibit: Income Distribution in the United States
  
-(Exhibit: Income Distribution in the United States) Which of the following statements is true?

Accepted Answer

A)  In 1968, the lowest 60 percent of the families received 17.5 percent of the income. 
B)  In 1968, the lowest 60 percent of the families received 32.8 of the income. 
C)  In 1968, the lowest 80 percent of the families received 24.5 percent of the income. 
D)  In 1968, the lowest 80 percent of the families received 23.2 percent of the income. 
A)  In 1968, the lowest 60 percent of the families received 17.5 percent of the income. 
B)  In 1968, the lowest 60 percent of the families received 32.8 of the income. 
C)  In 1968, the lowest 80 percent of the families received 24.5 percent of the income. 
D)  In 1968, the lowest 80 percent of the families received 23.2 percent of the income.

Question 8

The percentage of the population that falls below the poverty line is called the:

Accepted Answer

A)  poor rate. 
B)  poverty rate. 
C)  homeless rate. 
D)  absolute number of people in poverty. 
A)  poor rate. 
B)  poverty rate. 
C)  homeless rate. 
D)  absolute number of people in poverty.

Question 9

Affirmative action attempts to eliminate discrimination by:

Accepted Answer

A)  subsidizing the wages of specific groups of labor. 
B)  decreasing the supply of specific groups of labor. 
C)  increasing the demand for specific groups of labor. 
D)  imposing heavy fines on employers who discriminate. 
A)  subsidizing the wages of specific groups of labor. 
B)  decreasing the supply of specific groups of labor. 
C)  increasing the demand for specific groups of labor. 
D)  imposing heavy fines on employers who discriminate.

Question 10

Use the following to answer questions .
Exhibit: Discrimination Model  
-(Exhibit: Discrimination Model) If blacks and white have the same supply curve, but employers have discriminatory attitudes that cause them to assume a black worker is less productive, then the demand curve for blacks will be _______ and the wage for blacks will be _______ .

Accepted Answer

A)  D; W1  
B)  D; W 
C)  D1; W1  
D)  D1; W 
A)  D; W1  
B)  D; W 
C)  D1; W1  
D)  D1; W

Question 11

Use the following to answer questions.
Exhibit: Discrimination  
-(Exhibit: Discrimination) If blacks and whites have the same supply curve S, while blacks have demand curve D and whites have demand curve D', employment for blacks will be given by:

Accepted Answer

A)  L - M. 
B)  L + M. 
C)  L. 
D)  M. 
A)  L - M. 
B)  L + M. 
C)  L. 
D)  M.

Question 12

When people with similar economic characteristics experience different economic outcomes because of their race, sex, or other noneconomic characteristics the result is:

Accepted Answer

A)  uncertainty. 
B)  discrimination. 
C)  efficiency. 
D)  marginality. 
A)  uncertainty. 
B)  discrimination. 
C)  efficiency. 
D)  marginality.

Question 13

The Case in Point titled "Attitudes and Inequality" suggested that:

Accepted Answer

A)  more Americans than Europeans believe that the poor could become rich with enough hard work. 
B)  more Europeans than Americans believe that the poor could become rich with enough hard work. 
C)  the majority of both Americans and Europeans believe that the poor could become rich with enough hard work. 
D)  the majority of both Americans and Europeans believe that success is based on luck, connections, and corruption. 
A)  more Americans than Europeans believe that the poor could become rich with enough hard work. 
B)  more Europeans than Americans believe that the poor could become rich with enough hard work. 
C)  the majority of both Americans and Europeans believe that the poor could become rich with enough hard work. 
D)  the majority of both Americans and Europeans believe that success is based on luck, connections, and corruption.

Question 14

Use the following to answer questions.
Exhibit: Income Distribution  
-(Exhibit: Income Distribution) Curve B shows that the lowest quintile of families gets approximately _______ percent of the income.

Accepted Answer

A)  2-4 
B)  7-10 
C)  12-14 
D)  17-19 
A)  2-4 
B)  7-10 
C)  12-14 
D)  17-19

Question 15

The Case in Point titled "Welfare Reform in Britain and the United States indicated that the program in _____ did not require recipients to obtain jobs and that the reduction in case loads was smaller in _____.

Accepted Answer

A)  Britain; Britain 
B)  Britain; the United States 
C)  the United States; Britain 
D)  United States; the United States 
A)  Britain; Britain 
B)  Britain; the United States 
C)  the United States; Britain 
D)  United States; the United States

Question 16

Which of the following statements is true?

Accepted Answer

A)  Noncash benefits provide more satisfaction to recipients than an equal level of cash benefits. 
B)  An equal level of cash benefits and noncash benefits provide recipients with the same level of satisfaction. 
C)  Cash benefits provide more satisfaction to recipients than an equal level of noncash benefits. 
D)  Most welfare aid in the United States is in the form of cash payments. 
A)  Noncash benefits provide more satisfaction to recipients than an equal level of cash benefits. 
B)  An equal level of cash benefits and noncash benefits provide recipients with the same level of satisfaction. 
C)  Cash benefits provide more satisfaction to recipients than an equal level of noncash benefits. 
D)  Most welfare aid in the United States is in the form of cash payments.

Question 17

Use the following to answer questions .
Exhibit: Discrimination Model  
-(Exhibit: Discrimination Model) If blacks and whites have the same supply curve, but employers have discriminatory attitudes that cause them to assume a black worker is less productive, the wage of whites will be _______ , the quantity of whites hired will be ________ , the wage of blacks will be _______ , and the quantity of blacks hired will be ________ .

Accepted Answer

A)  W; L; W1; L1  
B)  W; L1; W; L1  
C)  W1; L1; W; L 
D)  W1; L; W; L1  
A)  W; L; W1; L1  
B)  W; L1; W; L1  
C)  W1; L1; W; L 
D)  W1; L; W; L1

Question 18

In 2015 in the United States, approximately 5 percent of the families headed by females with no husband present fell below the poverty line.

Accepted Answer

A) True 
 B)False

Question 19

Between 1968 and 2015, the income group in the United States showing the greatest income gains was the _______ 20 percent.

Accepted Answer

A)  bottom 
B)  third 
C)  fourth 
D)  top 
A)  bottom 
B)  third 
C)  fourth 
D)  top

Question 20

Suppose that racism and sexism don't exist on the customer side of perfectly competitive markets. Then, according to the text, competition among profit-maximizing firms:

Accepted Answer

A)  would not eliminate racism or sexism on the part of employers from the market. 
B)  would eliminate sexism but not racism on the part of employers from the market. 
C)  would eliminate both racism and sexism on the part of employers from the market. 
D)  has nothing to do with discrimination. 
A)  would not eliminate racism or sexism on the part of employers from the market. 
B)  would eliminate sexism but not racism on the part of employers from the market. 
C)  would eliminate both racism and sexism on the part of employers from the market. 
D)  has nothing to do with discrimination.

The percentage of the U.S. population living in poverty in 2015 was:

One explanation for why the poor tend to receive more noncash assistance than cash assistance is that:

After adjusting for noncash aid, the poverty rate in the United States is:

Use the following to answer questions. Exhibit: Income Distribution -(Exhibit: Income Distribution) Curve B indicates that:

In 2015, white female wages were about 80% of white male wages.

Since the late 1960s, a factor that is associated with the ___ in income _ in the United States has been the _ in the percentage of families headed by ___ .

Use the following to answer questions . Exhibit: Income Distribution in the United States -(Exhibit: Income Distribution in the United States) Which of the following statements is true?

The percentage of the population that falls below the poverty line is called the:

Affirmative action attempts to eliminate discrimination by:

Use the following to answer questions. Exhibit: Discrimination -(Exhibit: Discrimination) If blacks and whites have the same supply curve S, while blacks have demand curve D and whites have demand curve D', employment for blacks will be given by:

When people with similar economic characteristics experience different economic outcomes because of their race, sex, or other noneconomic characteristics the result is:

The Case in Point titled "Attitudes and Inequality" suggested that:

Use the following to answer questions. Exhibit: Income Distribution -(Exhibit: Income Distribution) Curve B shows that the lowest quintile of families gets approximately _______ percent of the income.

The Case in Point titled "Welfare Reform in Britain and the United States indicated that the program in _ did not require recipients to obtain jobs and that the reduction in case loads was smaller in _.

Which of the following statements is true?

In 2015 in the United States, approximately 5 percent of the families headed by females with no husband present fell below the poverty line.

Between 1968 and 2015, the income group in the United States showing the greatest income gains was the _______ 20 percent.

Suppose that racism and sexism don't exist on the customer side of perfectly competitive markets. Then, according to the text, competition among profit-maximizing firms:

Economics: the Study of Choice

Demand and Supply

Applications of Supply and Demand

Macroeconomics: the Big Picture

Measuring Total Output and Income

Aggregate Demand and Aggregate Supply

Economic Growth

The Nature and Creation of Money

Financial Markets and the Economy

Monetary Policy and the Fed

Government and Fiscal Policy

Consumption and the Aggregate Expenditures Model

Investment and Economic Activity

Net Exports and International Finance

Inflation and Unemployment

A Brief History of Macroeconomic Thought and Policy

Filters

Exam 18: Inequality, Poverty, and Discrimination

The percentage of the U.S. population living in poverty in 2015 was:

One explanation for why the poor tend to receive more noncash assistance than cash assistance is that:

After adjusting for noncash aid, the poverty rate in the United States is:

Use the following to answer questions. Exhibit: Income Distribution -(Exhibit: Income Distribution) Curve B indicates that:

In 2015, white female wages were about 80% of white male wages.

Since the late 1960s, a factor that is associated with the _______ in income _______ in the United States has been the _______ in the percentage of families headed by _______ .

Use the following to answer questions . Exhibit: Income Distribution in the United States -(Exhibit: Income Distribution in the United States) Which of the following statements is true?

The percentage of the population that falls below the poverty line is called the:

Affirmative action attempts to eliminate discrimination by:

Use the following to answer questions. Exhibit: Discrimination -(Exhibit: Discrimination) If blacks and whites have the same supply curve S, while blacks have demand curve D and whites have demand curve D', employment for blacks will be given by:

When people with similar economic characteristics experience different economic outcomes because of their race, sex, or other noneconomic characteristics the result is:

The Case in Point titled "Attitudes and Inequality" suggested that:

Use the following to answer questions. Exhibit: Income Distribution -(Exhibit: Income Distribution) Curve B shows that the lowest quintile of families gets approximately _______ percent of the income.

The Case in Point titled "Welfare Reform in Britain and the United States indicated that the program in _____ did not require recipients to obtain jobs and that the reduction in case loads was smaller in _____.

Which of the following statements is true?

In 2015 in the United States, approximately 5 percent of the families headed by females with no husband present fell below the poverty line.

Between 1968 and 2015, the income group in the United States showing the greatest income gains was the _______ 20 percent.

Suppose that racism and sexism don't exist on the customer side of perfectly competitive markets. Then, according to the text, competition among profit-maximizing firms:

Economics: the Study of Choice

Demand and Supply

Applications of Supply and Demand

Macroeconomics: the Big Picture

Measuring Total Output and Income

Aggregate Demand and Aggregate Supply

Economic Growth

The Nature and Creation of Money

Financial Markets and the Economy

Monetary Policy and the Fed

Government and Fiscal Policy

Consumption and the Aggregate Expenditures Model

Investment and Economic Activity

Net Exports and International Finance

Inflation and Unemployment

A Brief History of Macroeconomic Thought and Policy

Filters

Since the late 1960s, a factor that is associated with the ___ in income _ in the United States has been the _ in the percentage of families headed by ___ .

The Case in Point titled "Welfare Reform in Britain and the United States indicated that the program in _ did not require recipients to obtain jobs and that the reduction in case loads was smaller in _.