Question 1

Discrimination creates a

Accepted Answer

A)  redistribution of a larger domestic output.
B)  larger domestic output but no redistribution.
C)  smaller domestic output but no redistribution.
D)  redistribution of a smaller domestic output.E) C) and D)
F) A) and D)

Question 2

(Last Word)  In 2010, the wealthiest 1 percent of U.S.households held about percent of U.S.household wealth.

Accepted Answer

A)  35
B)  77
C)  23
D)  32E) All of the above
F) A) and B)

Question 3

A Lorenz curve is a graph that shows

Accepted Answer

A)  the equity versus efficiency trade-off.
B)  how many households are living in poverty.
C)  the trade-off between inflation and unemployment.
D)  the distribution of household income.E) C) and D)
F) B) and D)

Question 4

Which one of the following would increase income inequality as measured by official census data and the quintile distribution?

Accepted Answer

A)  a doubling of Social Security retirement benefits
B)  elimination of the SNAP program
C)  elimination of the TANF program
D)  reduced divorce ratesE) C) and D)
F) B) and D)

Question 5

The poverty rate in the U.S.increased significantly in the period 2006-2014.

Accepted Answer

A) True 
 B)False

Exam 23: Income Inequality, Poverty, and Discrimination

The poverty rate in the U.S.increased significantly in the period 2006-2014.

Correct Answer
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Discrimination creates a

Correct Answer
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(Last Word) In 2010, the wealthiest 1 percent of U.S.households held about percent of U.S.household wealth.

Correct Answer
verified

Which one of the following would increase income inequality as measured by official census data and the quintile distribution?

Correct Answer
verified

A Lorenz curve is a graph that shows

Correct Answer
verified

Exam 23: Income Inequality, Poverty, and Discrimination

The poverty rate in the U.S.increased significantly in the period 2006-2014.

Correct AnswerverifiedShow Answer

Discrimination creates a

Correct AnswerverifiedShow Answer

(Last Word) In 2010, the wealthiest 1 percent of U.S.households held about percent of U.S.household wealth.

Correct AnswerverifiedShow Answer

Which one of the following would increase income inequality as measured by official census data and the quintile distribution?

Correct AnswerverifiedShow Answer

A Lorenz curve is a graph that shows

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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