Poverty TR Quiz 5 Answers

Poverty TR Quiz 5 Answers - Quiz # 5: Economics of Poverty...

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Quiz # 5: Economics of Poverty – Econ 4350 – Fall 2009 – TR Name: T F 1. The expectation that increased employment improves one's chances of escaping poverty is fully supported by available data. T F 2. The U.S. Department of Labor defines the "working poor" as "persons who have devoted 50 weeks or more to working or looking for work" and with incomes below the official poverty threshold. T F 3. The official statistics on working poverty do not distinguish paid workers from individuals who are self- employed. T F 4. Secondary workers are often decisive in keeping a family out of poverty. T F 5. The federal minimum wage automatically increases every year for inflation. T F 6. Most people who earn the minimum wage are poor. T F 7. The wage rate needed to generate enough earnings to reach the 4-person poverty line is often referred to as the “working wage”. T F 8. The low-wage workers who escape poverty generally do so permanently. T
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Poverty TR Quiz 5 Answers - Quiz # 5: Economics of Poverty...

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