Question 1

Incomes for adults vary widely across race and gender in the United States.These differences could be due to:

Accepted Answer

A)   discrimination.
B)   education.
C)   choice of occupation.
D)   All of these can explain the differences.E) A) and D)
F) A) and C)

Question 2

Between 1960 and 1995,Social Security benefits:

Accepted Answer

A)   decreased from 35 percent down to 10 percent.
B)   increased from 10 percent to 35 percent.
C)   increased, decreasing the poverty rate among the elderly from 35 percent down to 10 percent.
D)   decreased, increasing the poverty rate among the elderly from 10 percent to 35 percent.E) B) and C)
F) A) and D)

Question 3

Members of the top quintile of income earners in every country today:

Accepted Answer

A)   earn disproportionately more than those in the bottom quintile.
B)   earn disproportionately less than they did 100 years ago.
C)   earn disproportionately less than those in the middle quintile.
D)   All of these are true.E) A) and B)
F) A) and C)

Question 4

Those who are considered the transient poor are defined as those who spend:

Accepted Answer

A)   three or more years in poverty.
B)   at least two consecutive months within a year in poverty.
C)   two or more years in poverty.
D)   at least six consecutive months within a year in poverty.E) A) and D)
F) B) and C)

Question 5

Bad health is an example of:

Accepted Answer

A)   a social digression.
B)   a poverty trap.
C)   a societal trap.
D)   None of these is true.E) A) and B)
F) A) and C)

Question 6

The international poverty line at $1.90 a day at purchasing power parity means that in each country the poverty line is the amount that will allow you to buy a basket of goods equivalent to what $1.90 would buy:

Accepted Answer

A)   in the United States.
B)   in the richest of the countries that uses the index.
C)   in the poorest of the countries that uses the index.
D)   in the average economy of all the countries that use the index.E) A) and B)
F) B) and D)

Question 7

When a society is more equal:

Accepted Answer

A)   the more the economy grows, so the best economy is the most equal.
B)   the more everyone gains when the economy improves, but that doesn't mean the most equal society is the best society.
C)   economic growth will create imbalance, and the government will need to work to equalize incomes.
D)   economic growth will provide the most resources for its disadvantaged members .E) B) and D)
F) None of the above

Question 8

Programs that provide goods or services,rather than cash,directly to needy individuals or households are called:

Accepted Answer

A)   social insurance.
B)   in-kind transfers.
C)   economic growth.
D)   conditional cash transfers.E) C) and D)
F) B) and D)

Question 9

The poverty rate dropped from 84 percent in 1981 to 11.2 percent in 2010 in what country?

Accepted Answer

A)   China
B)   Chile
C)   South Africa
D)   IndiaE) A) and D)
F) A) and C)

Question 10

Average income for adults still varies widely across gender and racial groups in the United States,which tells us:

Accepted Answer

A)   race and gender differences cause differences in income.
B)   discrimination causes differences in income across race and gender groups.
C)   income is correlated with race and gender.
D)   All of these are true.E) A) and B)
F) All of the above

Question 11

Once active discrimination ends,it:

Accepted Answer

A)   no longer affects people or markets.
B)   is quickly forgotten, and efficiency is reached.
C)   can have long-lasting effects on people and markets.
D)   None of these is true.E) All of the above
F) C) and D)

Question 12

In situations where businesses discriminate in response to the preferences of consumers,discrimination:

Accepted Answer

A)   is consistent with efficient markets.
B)   will be eliminated by the market.
C)   will not persist even though it's what the customers want.
D)   is not consistent with efficient markets.E) B) and D)
F) B) and C)

Question 13

In 2014,what percent of the population lived under the official poverty line in the United States?

Accepted Answer

A)   11.3 percent, down from a near all-time high of 14.8 percent in 2000.
B)   14.8 percent, higher than a near all-time low of 3.11 percent in 2000.
C)   14.8 percent, higher than a near all-time low of 11.3 percent in 2000.
D)   11.3 percent, down from a near all-time high of 25 percent in 2000.E) A) and B)
F) C) and D)

Question 14

The set of skills,knowledge,experience,and talent that determine people's productivity as workers is called:

Accepted Answer

A)   physical capital.
B)   investment.
C)   human capital.
D)   educational training.E) A) and B)
F) A) and C)

Question 15

Overall,rapid economic growth between 1981 and 2012 has ______ the global poverty rate from __________________.

Accepted Answer

A)   increased; below 20 percent to above 44 percent
B)   decreased; above 30 percent to below 15 percent
C)   decreased; above 44 percent to 12.7 percent
D)   increased; below 12.7 percent to above 25 percentE) A) and C)
F) B) and C)

Question 16

An absolute poverty line is usually set based on:

Accepted Answer

A)   the cost of certain essential goods.
B)   a certain percentage below the average income in a society.
C)   the lowest quartile of income earners in a society.
D)   the lowest 1 percent of all income earners in a society.E) All of the above
F) A) and B)

Question 17

Which of the following countries has lower income mobility than the United States?

Accepted Answer

A)   United Kingdom
B)   Germany
C)   Neither of these countries have lower income mobility than the United States.
D)   Both of these countries have lower income mobility than the United States.E) A) and B)
F) B) and C)

Question 18

Median income is the:

Accepted Answer

A)   in the level earned by the household exactly in the middle of the national income distribution.
B)   the total national income divided by the total population.
C)   the total national income divided by the total number of households.
D)   50% of the top quintile level of income.E) All of the above
F) None of the above

Question 19

Which of the following areas of the world experienced virtually no change in its poverty rate from 1981 to 2010?

Accepted Answer

A)   China
B)   South Asia
C)   India
D)   sub-Saharan AfricaE) B) and C)
F) A) and B)

Question 20

A key to creating effective policy to fight poverty is to understand:

Accepted Answer

A)   why people are poor.
B)   the correlation between education and income.
C)   the correlation between income and geographic location.
D)   the unintended consequences of reductions in the incentive to work.E) C) and D)
F) B) and D)

Exam 21: Poverty, Inequality, and Discrimination

Overall,rapid economic growth between 1981 and 2012 has ______ the global poverty rate from __________________.

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Between 1960 and 1995,Social Security benefits:

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An absolute poverty line is usually set based on:

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When a society is more equal:

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Those who are considered the transient poor are defined as those who spend:

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Bad health is an example of:

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The poverty rate dropped from 84 percent in 1981 to 11.2 percent in 2010 in what country?

Correct AnswerverifiedShow Answer

A key to creating effective policy to fight poverty is to understand:

Correct AnswerverifiedShow Answer

Incomes for adults vary widely across race and gender in the United States.These differences could be due to:

Correct AnswerverifiedShow Answer

In 2014,what percent of the population lived under the official poverty line in the United States?

Correct AnswerverifiedShow Answer

The set of skills,knowledge,experience,and talent that determine people's productivity as workers is called:

Correct AnswerverifiedShow Answer

Members of the top quintile of income earners in every country today:

Correct AnswerverifiedShow Answer

The international poverty line at $1.90 a day at purchasing power parity means that in each country the poverty line is the amount that will allow you to buy a basket of goods equivalent to what $1.90 would buy:

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Once active discrimination ends,it:

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Which of the following countries has lower income mobility than the United States?

Correct AnswerverifiedShow Answer

Average income for adults still varies widely across gender and racial groups in the United States,which tells us:

Correct AnswerverifiedShow Answer

Programs that provide goods or services,rather than cash,directly to needy individuals or households are called:

Correct AnswerverifiedShow Answer

In situations where businesses discriminate in response to the preferences of consumers,discrimination:

Correct AnswerverifiedShow Answer

Median income is the:

Correct AnswerverifiedShow Answer

Which of the following areas of the world experienced virtually no change in its poverty rate from 1981 to 2010?

Correct AnswerverifiedShow Answer

Overall,rapid economic growth between 1981 and 2012 has the global poverty rate from ____________.

Correct Answer
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