Exam 9: Finances and Lifestyles

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Relative deprivation occurs when

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D

Current Social Security laws financially favor

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D

In 2004,one-quarter of Americans _______ years of age have Social Security constituting 90% of their income.

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A

Your text estimates that without Social Security about ______ of all elderly would be in poverty.

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Medicare is characterized by all of the following EXCEPT

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Rural elders in poverty

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The poverty rate is highest for which of the following categories of elders?

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Contrast the problems of the urban and rural poor elderly. How do their attitudes differ?

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The percentage of income spent on housing in 2000 was higher for younger people than for older people.

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A good education contributes to income and wealth during the elderly years.

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Medicaid is more likely than Medicare to pay for

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The culture of poverty refers to

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About ______ percent of older home owners in 1995 owned their homes free and clear.

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Why are elderly women more likely to be in poverty than elderly men?

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______ of elderly blacks and elderly Hispanics were poor in 1996 compared to one of every 11 elderly whites.

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In 1994,about _______ percent of all income received by older people was from Social Security.

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Most Medicare beneficiaries use the traditional fee-for-service medical care.

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Under the current Social Security system,a person is not penalized for wages earned after age

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A major reason for the reduction of elders in poverty over the last two decades is

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In 1945,42 workers supported one retiree; today,_______ workers support a retiree.

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