Question 1

Use the following to answer question(s): Income Distribution in the United States
  
-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

Use the following to answer question(s): Income Distribution in the United States
  
-When economists speak of the lowest 20 percent or the middle 20 percent of the families receiving a certain percentage of income, they are speaking of:

Accepted Answer

A)  static groups. 
B)  families that move in and out of the various groups. 
C)  very immobile income classes. 
D)  a typical family of 4 with both parents present. 
A)  static groups. 
B)  families that move in and out of the various groups. 
C)  very immobile income classes. 
D)  a typical family of 4 with both parents present.

Question 3

Use the following to answer question(s): Income Distribution in the United States
  
-Poverty, in large measure (and according to the authors of the text), is a(n) ________ concept.

Accepted Answer

A)  worthless 
B)  absolute 
C)  relative 
D)  irrelevant 
A)  worthless 
B)  absolute 
C)  relative 
D)  irrelevant

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

Use the following to answer question(s): Income Distribution in the United States
  
-A money payment that a recipient may spend as he or she wishes is:

Accepted Answer

A)  the income effect. 
B)  the wealth effect. 
C)  noncash assistance. 
D)  cash assistance. 
A)  the income effect. 
B)  the wealth effect. 
C)  noncash assistance. 
D)  cash assistance.

Question 6

Much of the decrease in wage differentials between women and blacks vÌs a vÌs white males is due to the acquisition of human capital by women and blacks.

Accepted Answer

A) True 
 B)False

Question 7

Use the following to answer question(s): Income Distribution in the United States
  
-A factor that has been associated with the increase in income inequality in the United States is the:

Accepted Answer

A)  increase in households headed by single women. 
B)  reduction in the percentage of the population over the age of 65. 
C)  smaller gap between the wages of skilled and unskilled workers. 
D)  slowdown in technological change. 
A)  increase in households headed by single women. 
B)  reduction in the percentage of the population over the age of 65. 
C)  smaller gap between the wages of skilled and unskilled workers. 
D)  slowdown in technological change.

Question 8

Use the following to answer question(s): Income Distribution in the United States
  
-For the most part, poverty programs are funded by _______ government(s).

Accepted Answer

A)  state 
B)  the federal 
C)  municipal 
D)  a combination of state and local 
A)  state 
B)  the federal 
C)  municipal 
D)  a combination of state and local

Question 9

Use the following to answer question(s): Income Distribution in the United States
  
-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 10

Use the following to answer question(s): Discrimination
  
-If discrimination against blacks in the labor market is eliminated, then the wage paid to blacks will _______ and the number of blacks employed will _______ .

Accepted Answer

A)  increase; increase 
B)  decrease; decrease 
C)  increase; remain unchanged 
D)  remain unchanged; increase 
A)  increase; increase 
B)  decrease; decrease 
C)  increase; remain unchanged 
D)  remain unchanged; increase

Question 11

Use the following to answer question(s): Income Distribution in the United States
  
-According to the text, it is generally agreed that in the United States in the first two decades following World War II:

Accepted Answer

A)  income distribution in the United States became less equal. 
B)  income equality measures stayed the same. 
C)  income distribution became more equal. 
D)  there was no way to determine income distribution. 
A)  income distribution in the United States became less equal. 
B)  income equality measures stayed the same. 
C)  income distribution became more equal. 
D)  there was no way to determine income distribution.

Question 12

Use the following to answer question(s): 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', the wage rate for blacks will be given by:

Accepted Answer

A)  J. 
B)  K. 
C)  J + K. 
D)  J - K. 
A)  J. 
B)  K. 
C)  J + K. 
D)  J - K.

Question 13

What is a Lorenz curve? How can it be used to show the degree of inequality of income distribution? Given the data for Brazil shown, draw a Lorenz curve.Is the income distribution relatively equal or unequal? Explain how you reached your answer.

Accepted Answer

The answer of What is a Lorenz curve? How can...

Question 14

In 2015, approximately 5 percent of the families headed by married couple families in the United States fell below the poverty line.

Accepted Answer

A) True 
 B)False

Question 15

Affirmative actions are designed to enhance minority opportunities.

Accepted Answer

A) True 
 B)False

Question 16

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 17

The primary source of cash payments to the poor in the United States is Temporary Assistance for Needy Families.

Accepted Answer

A) True 
 B)False

Question 18

Use the following to answer question(s): Income Distribution in the United States
  
-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 cash assistance. 
D)  those who supply noncash services have more 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 cash assistance. 
D)  those who supply noncash services have more political power than the poor.

Question 19

Use the following to answer question(s): Discrimination
  
-Which of the following statements is true?

Accepted Answer

A)  Federal legislation encourages gender-based discrimination. 
B)  Affirmative action programs are designed to prevent minority groups from exploiting race-based opportunities. 
C)  Wage gaps between women, on the one hand, and white males, on the other hand, have fallen since the 1970s. 
D)  Wage gaps between males and females have widened since 1970. 
A)  Federal legislation encourages gender-based discrimination. 
B)  Affirmative action programs are designed to prevent minority groups from exploiting race-based opportunities. 
C)  Wage gaps between women, on the one hand, and white males, on the other hand, have fallen since the 1970s. 
D)  Wage gaps between males and females have widened since 1970.

Question 20

Use the following to answer question(s): Income Distribution in the United States
  
-The total number of poor people in the United States in 2015 was about ________ million.

Accepted Answer

A)  10 
B)  25 
C)  32 
D)  43 
A)  10 
B)  25 
C)  32 
D)  43

Use the following to answer question(s): Income Distribution in the United States -The percentage of the U.S.population living in poverty in 2015 was:

Use the following to answer question(s): Income Distribution in the United States -When economists speak of the lowest 20 percent or the middle 20 percent of the families receiving a certain percentage of income, they are speaking of:

Use the following to answer question(s): Income Distribution in the United States -Poverty, in large measure (and according to the authors of the text), is a(n) ________ concept.

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

Use the following to answer question(s): Income Distribution in the United States -A money payment that a recipient may spend as he or she wishes is:

Much of the decrease in wage differentials between women and blacks vÌs a vÌs white males is due to the acquisition of human capital by women and blacks.

Use the following to answer question(s): Income Distribution in the United States -A factor that has been associated with the increase in income inequality in the United States is the:

Use the following to answer question(s): Income Distribution in the United States -For the most part, poverty programs are funded by _______ government(s).

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

Use the following to answer question(s): Discrimination -If discrimination against blacks in the labor market is eliminated, then the wage paid to blacks will _ and the number of blacks employed will _ .

Use the following to answer question(s): Income Distribution in the United States -According to the text, it is generally agreed that in the United States in the first two decades following World War II:

Use the following to answer question(s): 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', the wage rate for blacks will be given by:

What is a Lorenz curve? How can it be used to show the degree of inequality of income distribution? Given the data for Brazil shown, draw a Lorenz curve.Is the income distribution relatively equal or unequal? Explain how you reached your answer.

In 2015, approximately 5 percent of the families headed by married couple families in the United States fell below the poverty line.

Affirmative actions are designed to enhance minority opportunities.

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

The primary source of cash payments to the poor in the United States is Temporary Assistance for Needy Families.

Use the following to answer question(s): Income Distribution in the United States -One explanation for why the poor tend to receive more noncash assistance than cash assistance is that:

Use the following to answer question(s): Discrimination -Which of the following statements is true?

Use the following to answer question(s): Income Distribution in the United States -The total number of poor people in the United States in 2015 was about ________ million.

Economics: The Study of Choice

Confronting Scarcity: Choices in Production

Demand and Supply

Applications of Supply and Demand

Elasticity: a Measure of Response

Markets, Maximizers, and Efficiency

The Analysis of Consumer Choice

Production and Cost

Competitive Markets for Goods and Services

Monopoly

The World of Imperfect Competition

Wages and Employment in Perfect Competition

Interest Rates and the Markets for Capital and Natural Resources

Imperfectly Competitive Markets for Factors of Production

Public Finance and Public Choice

Antitrust Policy and Business Regulation

International Trade

The Economics of the Environment

Filters

Exam 19: Inequality, Poverty, and Discrimination

Use the following to answer question(s): Income Distribution in the United States -The percentage of the U.S.population living in poverty in 2015 was:

Use the following to answer question(s): Income Distribution in the United States -When economists speak of the lowest 20 percent or the middle 20 percent of the families receiving a certain percentage of income, they are speaking of:

Use the following to answer question(s): Income Distribution in the United States -Poverty, in large measure (and according to the authors of the text), is a(n) ________ concept.

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

Use the following to answer question(s): Income Distribution in the United States -A money payment that a recipient may spend as he or she wishes is:

Much of the decrease in wage differentials between women and blacks vÌs a vÌs white males is due to the acquisition of human capital by women and blacks.

Use the following to answer question(s): Income Distribution in the United States -A factor that has been associated with the increase in income inequality in the United States is the:

Use the following to answer question(s): Income Distribution in the United States -For the most part, poverty programs are funded by _______ government(s).

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

Use the following to answer question(s): Discrimination -If discrimination against blacks in the labor market is eliminated, then the wage paid to blacks will _______ and the number of blacks employed will _______ .

Use the following to answer question(s): Income Distribution in the United States -According to the text, it is generally agreed that in the United States in the first two decades following World War II:

Use the following to answer question(s): 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', the wage rate for blacks will be given by:

What is a Lorenz curve? How can it be used to show the degree of inequality of income distribution? Given the data for Brazil shown, draw a Lorenz curve.Is the income distribution relatively equal or unequal? Explain how you reached your answer.

In 2015, approximately 5 percent of the families headed by married couple families in the United States fell below the poverty line.

Affirmative actions are designed to enhance minority opportunities.

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

The primary source of cash payments to the poor in the United States is Temporary Assistance for Needy Families.

Use the following to answer question(s): Income Distribution in the United States -One explanation for why the poor tend to receive more noncash assistance than cash assistance is that:

Use the following to answer question(s): Discrimination -Which of the following statements is true?

Use the following to answer question(s): Income Distribution in the United States -The total number of poor people in the United States in 2015 was about ________ million.

Economics: The Study of Choice

Confronting Scarcity: Choices in Production

Demand and Supply

Applications of Supply and Demand

Elasticity: a Measure of Response

Markets, Maximizers, and Efficiency

The Analysis of Consumer Choice

Production and Cost

Competitive Markets for Goods and Services

Monopoly

The World of Imperfect Competition

Wages and Employment in Perfect Competition

Interest Rates and the Markets for Capital and Natural Resources

Imperfectly Competitive Markets for Factors of Production

Public Finance and Public Choice

Antitrust Policy and Business Regulation

International Trade

The Economics of the Environment

Filters

Use the following to answer question(s): Discrimination -If discrimination against blacks in the labor market is eliminated, then the wage paid to blacks will _ and the number of blacks employed will _ .