Q20 - Question 1 1 out of 1 points The highest quintile of...

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Unformatted text preview: Question 1 1 out of 1 points The highest quintile of households in the income distribution: Answer Selected Answer: Response Feedback: h Question 2 1 out of 1 points Which of the following groups has the highest poverty rate? Answer Selected Answer: Response Feedback: h Question 3 1 out of 1 points An increase in the poverty rate: Answer Selected Answer: Response Feedback: h Question 4 1 out of 1 points Which one of the following would increase income inequality as measured by official Census data and the quintile distribution? Answer Selected Answer: Response Feedback: h Question 5 1 out of 1 points (Last Word) Between 1995 and 2004 in the United States: Answer Selected Answer: Response Feedback: h Question 6 1 out of 1 points Assumptions: (1) the labor force is comprised of 9 million men and 9 million women workers; (2) the economy has 3 occupations, X, Y, and Z, each having identical demand curves for labor; (3) men and women workers are homogeneous with respect to their labor-market capabilities; (4) women are discriminated against by being excluded from occupations X and Y and are confined to Z; and (5) aside from discrimination, the economy is competitive. Refer to the above diagram and list of assumptions. Under these circumstances 9 million women will be employed in occupation Z: Answer Selected Answer: Response Feedback: h Question 7 1 out of 1 points An example of a social insurance program is ____________, whereas an example of public assistance program is _______. Answer Selected Answer: Response Feedback: h Question 8 0 out of 1 points The U.S. poverty rate for: Answer Selected Answer: Response Feedback: h Question 9 1 out of 1 points The Gini ratio of income inequality ranges between: Answer Selected Answer: Response Feedback: h Question 10 0 out of 1 points In the taste-for-discrimination model: Answer Selected Answer: Response Feedback: Question 1 1 out of 1 points (Last Word) Between 1995 and 2004: Answer Selected Answer: Response Feedback: h Question 2 1 out of 1 points (Consider This) In "Slicing the Pizza" the shrinkage of the pizza refers to the: Answer Selected Answer: Response Feedback: h Question 3 1 out of 1 points The basic economic argument for greater income equality is that: Answer Selected Answer: Response Feedback: h Question 4 1 out of 1 points Refer to the above diagram. If line c represents the distribution of income in 1970 in the United States, we would expect the distribution of income for 2006 to be: Answer Selected Answer: Response Feedback: h Question 5 1 out of 1 points The lowest quintile of households in the income distribution receives about: Answer Selected Answer: Response Feedback: h Question 6 1 out of 1 points If discrimination based on gender and race was eliminated, we would expect the: Answer Selected Answer: Response Feedback: h Question 7 1 out of 1 points Since 1970 the distribution of income has: Answer Selected Answer: Response Feedback: h Question 8 1 out of 1 points (Last Word) Between 1995 and 2004 in the United States:...
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This note was uploaded on 10/03/2010 for the course ECON 0453 taught by Professor Dongwahu during the Spring '09 term at Shoreline.

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Q20 - Question 1 1 out of 1 points The highest quintile of...

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