Question 1

Which is a payment or wage subsidy made by the Federal government to offset Social Security taxes for low-income workers?

Accepted Answer

A)  the food-stamp program
B)  Supplement Security Income
C)  the earned-income tax credit
D)  Temporary Assistance to Needy FamiliesE) A) and B)
F) A) and C)

Question 2

The Supplemental Nutrition Assistance Program (SNAP)

Accepted Answer

A)  was previously known as the food-stamp program.
B)  added assistance to the food-stamp program by targeting children.
C)  was created to supplement the food consumption of low-income Social Security recipients.
D)  has been subject to widespread fraud through the illegal reproduction of paper food-stamp coupons.E) All of the above
F) C) and D)

Question 3

A kingdom where only the king earns all income would have a Gini ratio of

Accepted Answer

A)  100.
B)  0.
C)  1.
D)  2.E) C) and D)
F) A) and B)

Question 4

Some economists have criticized standard government figures on income inequality, arguing that these data

Accepted Answer

A)  exclude households whose earnings arise in the public sector.
B)  conceal the strong trend toward greater equality in household sizes.
C)  conceal the growth of poverty due to a growing number of discouraged workers.
D)  overstate the degree of income inequality by failing to include noncash transfers as income.E) A) and C)
F) A) and B)

Exam 23: Income Inequality, Poverty, and Discrimination

Some economists have criticized standard government figures on income inequality, arguing that these data

Correct Answer
verified

Which is a payment or wage subsidy made by the Federal government to offset Social Security taxes for low-income workers?

Correct Answer
verified

The Supplemental Nutrition Assistance Program (SNAP)

Correct Answer
verified

A kingdom where only the king earns all income would have a Gini ratio of

Correct Answer
verified

Exam 23: Income Inequality, Poverty, and Discrimination

Some economists have criticized standard government figures on income inequality, arguing that these data

Correct AnswerverifiedShow Answer

Which is a payment or wage subsidy made by the Federal government to offset Social Security taxes for low-income workers?

Correct AnswerverifiedShow Answer

The Supplemental Nutrition Assistance Program (SNAP)

Correct AnswerverifiedShow Answer

A kingdom where only the king earns all income would have a Gini ratio of

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified