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- There is a growing concern with the incidence of poverty among unattached, non-elderly individuals. Feng, Dubey, and Brooks (2007) find that being a high school leaver is an important risk factor for being in low income for this group. Provincial welfare and workfare programs often require recipients to participate in some job/employment related activities. Discuss the strengths and weaknesses of this approach compared with an approach that stressed investments in human capital and education.S1: The age structure in a country does not necessarily reflect its burden of dependency. S2: In the Philippines, men live longer than women generally. A. True, True B. True, False C. False, True D. False, FalseIf we model after-tax household income with a normal distribution, then the figures of a study imply the information in the following table. Assume that the distribution of incomes in each country is normal. \table[[Country,Country A,Country B,Country C,Country D,Country E],[Mean Household Income,$11,000,$40,000,$13,000,$12,000,$34,000
- Explain the term multicolllinearityA Gini coefficient of 0.15 would indicate that a society’s distribution of income is: A. PERFECTLY EQUAL B. RELATIVELY EQUAL C. MODERATELY UNEQUAL D. VERY UNEQUAL E. THE MOST UNEQUAL POSSIBLEThe official poverty index is based on Group of answer choices The number in the family who are employed. In-kind income. Family size and income. An event condition.
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- A significantly larger proportion of higher social class children attend college than lower-class children. This islargely due to differences in ability among social classes. T or F?A population with an excess of births over deaths will experience __________.Given standard deviation of two per capita incomes and the percentiles per capita income, what can you conclude about income inequality in America? Standard deviation Income 1: 12,000 Standard deviation Income 2: 13,000 Percentile 0.1 20000 0.2 22000 0.3 24000 0.4 26000 0.5 28000 0.6 30000 0.7 32000 0.8 38000 0.9 40000
