Question 1

According to recent studies,which of the following programs is most likely to pull the average poor family above the official poverty threshold?

Accepted Answer

A)  Earned Income Tax Credit (EIT
C)  
B)  Temporary Assistance for Needy Families (TANF) 
C)  Supplemental Security Income
D)  Aid to Families with Dependent Children (AFD
C)  
E)  The Job Training Partnership Act (JTP
A)

Question 2

The Following Questions Refer to the information given below.
Suppose the government implements a negative income tax plan to deal with the poverty problem.The negative income tax rate is set at 50%,and the break-even level of income is set at $5,000.
-If a family earns $2,000 income,their negative income tax subsidy will be

Accepted Answer

A)  $0
B)  $1,500
C)  $2,500
D)  $5,000
E)  $7,500

Question 3

The incidence of poverty falls most heavily on

Accepted Answer

A)  Families with a young person as head
B)  Families with a female as head
C)  Minority groups
D)  Children
E)  All of the above

Question 4

From the point of view of economics,discrimination

Accepted Answer

A)  Results in an actual GDP that is below potential GDP
B)  Results in an actual GDP that is no different from potential GDP provided resources are fully employed
C)  No longer exists in the U.S.economy
D)  Provides incentives for minority groups to work harder at their jobs
E)  Does none of the above

Question 5

Employment discrimination means that some persons are not hired because of non-economic considerations such as race and sex.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following does not exhibit a high degree of occupational segregation?

Accepted Answer

A)  Professional tennis players
B)  Plumbers
C)  Secretaries
D)  Teachers
E)  Nurses

Question 7

An individual's income depends upon the prices and quantities of resources owneD.

Accepted Answer

A) True 
 B)False

Question 8

The negative income tax proposal calls for families with earned incomes below a certain minimum to receive payments from the government,while families with earned income above the minimum make payments to the government.

Accepted Answer

A) True 
 B)False

Question 9

Critics have argued that the official definition of poverty should

Accepted Answer

A)   Account for differences in the cost of living in different regions of the country
B)   Be revised to reflect the fact that the average family now spends less than a third of its income on food
C)   Make allowances for in-kind benefits received by poor families
D)   Be based on a family's after-tax income
E)   All of the above

Question 10

The official U.S.poverty definition is an income sufficient to provide

Accepted Answer

A)  Minimum biological needs
B)  Three times the cost of an economy food budget
C)  The income of the poorest 8% of the families
D)  The average U.S.welfare allowance
E)  None of the above

Question 11

Within the next three years,the elimination of poverty,as currently defined by the U.S.Department of Labor,is possible in all countries if the rich countries help out the poor ones.

Accepted Answer

A) True 
 B)False

Question 12

In 1996,the Personal Responsibility and Work Opportunity Act replaced the old AFDC program with the TANF program.

Accepted Answer

A) True 
 B)False

Question 13

The poverty problem in this country is mainly one of low production.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following results in differences in labor resource ownership?

Accepted Answer

A)   Preferences for work and leisure
B)   Propensities to accumulate
C)   Skill levels
D)   Both (a)  and (c) 
E)   All of the above

Question 15

The welfare welfare reform measures of the mid-1990s created a negative income tax structure in the U.S. to assist the poor.

Accepted Answer

A) True 
 B)False

Question 16

Discrimination occurs

Accepted Answer

A)  When everyone is treated arbitrarily
B)  When equals are treated equally and when unequals are treated unequally
C)  When equals are treated unequally and when unequals are treated equally
D)  Whenever two workers in the same occupation are paid different wages
E)  Only in social situations,not in economic markets

Question 17

Through the income effect,any form of cash assistance will generate negative incentives to work.

Accepted Answer

A) True 
 B)False

Question 18

Discrimination exists when two people perform a job equally well in a factory and receive different hourly pay because of seniority considerations.

Accepted Answer

A) True 
 B)False

Question 19

Under a negative income tax,government payments to a family

Accepted Answer

A)  Are positive at all levels of income
B)  Increase as income increases
C)  Decrease to zero as income decreases
D)  Eventually become zero as income increases
E)  Do none of the above

Question 20

Since 1960,income inequality has

Accepted Answer

A)  Stayed the same
B)  Fallen,then risen
C)  Steadily declined
D)  Steadily increased
E)  Decreased rapidly

Exam 7: Poverty Problems and Discrimination: Why Are so Many Still so Poor

Correct Answer
verified

The negative income tax proposal calls for families with earned incomes below a certain minimum to receive payments from the government,while families with earned income above the minimum make payments to the government.

Correct Answer
verified

The official U.S.poverty definition is an income sufficient to provide

Correct Answer
verified

The welfare welfare reform measures of the mid-1990s created a negative income tax structure in the U.S. to assist the poor.

Correct Answer
verified

The incidence of poverty falls most heavily on

Correct Answer
verified

According to recent studies,which of the following programs is most likely to pull the average poor family above the official poverty threshold?

Correct Answer
verified

Under a negative income tax,government payments to a family

Correct Answer
verified

Since 1960,income inequality has

Correct Answer
verified

Discrimination occurs

Correct Answer
verified

In 1996,the Personal Responsibility and Work Opportunity Act replaced the old AFDC program with the TANF program.

Correct Answer
verified

Employment discrimination means that some persons are not hired because of non-economic considerations such as race and sex.

Correct Answer
verified

Which of the following results in differences in labor resource ownership?

Correct Answer
verified

Critics have argued that the official definition of poverty should

Correct Answer
verified

The poverty problem in this country is mainly one of low production.

Correct Answer
verified

Through the income effect,any form of cash assistance will generate negative incentives to work.

Correct Answer
verified

Discrimination exists when two people perform a job equally well in a factory and receive different hourly pay because of seniority considerations.

Correct Answer
verified

From the point of view of economics,discrimination

Correct Answer
verified

An individual's income depends upon the prices and quantities of resources owneD.

Correct Answer
verified

Within the next three years,the elimination of poverty,as currently defined by the U.S.Department of Labor,is possible in all countries if the rich countries help out the poor ones.

Correct Answer
verified

Which of the following does not exhibit a high degree of occupational segregation?

Correct Answer
verified

Exam 7: Poverty Problems and Discrimination: Why Are so Many Still so Poor

Correct AnswerverifiedShow Answer

The negative income tax proposal calls for families with earned incomes below a certain minimum to receive payments from the government,while families with earned income above the minimum make payments to the government.

Correct AnswerverifiedShow Answer

The official U.S.poverty definition is an income sufficient to provide

Correct AnswerverifiedShow Answer

The welfare welfare reform measures of the mid-1990s created a negative income tax structure in the U.S. to assist the poor.

Correct AnswerverifiedShow Answer

The incidence of poverty falls most heavily on

Correct AnswerverifiedShow Answer

According to recent studies,which of the following programs is most likely to pull the average poor family above the official poverty threshold?

Correct AnswerverifiedShow Answer

Under a negative income tax,government payments to a family

Correct AnswerverifiedShow Answer

Since 1960,income inequality has

Correct AnswerverifiedShow Answer

Discrimination occurs

Correct AnswerverifiedShow Answer

In 1996,the Personal Responsibility and Work Opportunity Act replaced the old AFDC program with the TANF program.

Correct AnswerverifiedShow Answer

Employment discrimination means that some persons are not hired because of non-economic considerations such as race and sex.

Correct AnswerverifiedShow Answer

Which of the following results in differences in labor resource ownership?

Correct AnswerverifiedShow Answer

Critics have argued that the official definition of poverty should

Correct AnswerverifiedShow Answer

The poverty problem in this country is mainly one of low production.

Correct AnswerverifiedShow Answer

Through the income effect,any form of cash assistance will generate negative incentives to work.

Correct AnswerverifiedShow Answer

Discrimination exists when two people perform a job equally well in a factory and receive different hourly pay because of seniority considerations.

Correct AnswerverifiedShow Answer

From the point of view of economics,discrimination

Correct AnswerverifiedShow Answer

An individual's income depends upon the prices and quantities of resources owneD.

Correct AnswerverifiedShow Answer

Within the next three years,the elimination of poverty,as currently defined by the U.S.Department of Labor,is possible in all countries if the rich countries help out the poor ones.

Correct AnswerverifiedShow Answer

Which of the following does not exhibit a high degree of occupational segregation?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified