FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 12: Income Distribution, Poverty, and Discrimination

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 71

Multiple Choice

Review LaterAdd Note

Review Later

The incentive to work is an ingredient of the negative income tax because:

A) if families do work, they will be eliminated from the program.
B) if families don't work, they will be eliminated from the program.
C) the more income earned in the workplace, the higher the family's after-tax income.
D) the more income earned in the workplace, the higher the payment from the government.
E) the amount earned in the workplace is not subject to income taxes.

F) C) and E)
G) B) and D)

Correct Answer

verified

Show Answer

Question 72

Multiple Choice

Review LaterAdd Note

Review Later

The Social Security Act was passed:

A) in 1955.
B) just after World War II.
C) in 1935.
D) in 1964.

E) A) and C)
F) B) and C)

Correct Answer

verified

Show Answer

Question 73

True/False

Review LaterAdd Note

Almost all of the FICA tax deductions from a worker's paycheck is put into an account and saved for that worker's retirement years.

In the United States since 1970, the poverty rate for blacks has been about:

The official U.S. poverty line for a family is calculated by taking 3 times the annual cost of:

Exhibit 12-2 Lorenz curve -As shown in Exhibit 12-2, 80 percent of families earned a cumulative share of about ____ of income.

In-kind assistance programs are based on the direct transferring of goods and services to the poor.

Typically, a country's population is divided into how many income groups to find a Lorenz Curve?

Discrimination raises the average wage of members of one group of workers in spite of laws that require equal pay for all workers.

A negative income tax system would provide all households, including the poor, with: