Economics For Today
10th Edition
ISBN: 9781337613040
Author: Tucker
Publisher: Cengage Learning
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Question
Chapter 12, Problem 7SQ
To determine
The implication of the poverty line.
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In 2018, the poverty rate was 4.7% for married couple families and 12.7% for father-only single-parent families. What was the poverty rate for mother-only single parent-families?
Provide a definition of the “poverty line.” How does the government calculate the measure (give the“formula”). Does it fairly measure whether a person is poor? Give reasons for your answer.
Which of the following is NOT one of the reasons for the "welfare state"? Select one: a. Reducing poverty and providing access to healthcare b. Alleviating income inequality c. Alleviating economic insecurity d. Increasing economic equality
Chapter 12 Solutions
Economics For Today
Ch. 12.2 - Prob. 1YTECh. 12.2 - Prob. 2YTECh. 12.5 - Prob. 1.1YTECh. 12.5 - Prob. 2.1YTECh. 12 - Prob. 1SQPCh. 12 - Prob. 2SQPCh. 12 - Prob. 3SQPCh. 12 - Prob. 4SQPCh. 12 - Prob. 5SQPCh. 12 - Prob. 6SQP
Ch. 12 - Prob. 7SQPCh. 12 - Prob. 8SQPCh. 12 - Prob. 9SQPCh. 12 - Prob. 10SQPCh. 12 - Prob. 11SQPCh. 12 - Prob. 1SQCh. 12 - Prob. 2SQCh. 12 - Prob. 3SQCh. 12 - Prob. 4SQCh. 12 - Prob. 5SQCh. 12 - Prob. 6SQCh. 12 - Prob. 7SQCh. 12 - Prob. 8SQCh. 12 - Prob. 9SQCh. 12 - Prob. 10SQCh. 12 - Prob. 11SQCh. 12 - Prob. 12SQCh. 12 - Prob. 13SQCh. 12 - Prob. 14SQCh. 12 - Prob. 15SQCh. 12 - Prob. 16SQCh. 12 - Prob. 17SQCh. 12 - Prob. 18SQCh. 12 - Prob. 19SQCh. 12 - Prob. 20SQ
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- Define, compare and contrast: (i) A relative poverty line, (ii) an absolute poverty line, (iii) Subjective poverty line Only typed answer and don't use chat gptarrow_forwardA country has 50 million people, 30 million of whom are adults. Of the adults, 5 million are not interested in working, another 5 million are interested in working but have given up looking for work, and 5 million are still looking for work. Of those who do have jobs, 5 million are working part time but would like to work full time, and the remaining 10 million are working full time. What is the country's underemployment rate?arrow_forwardDescribe how the poverty line is estimated in India?arrow_forward
- Describe the concept poverty line in detailarrow_forwardState the main problems that are generally associated with poverty of the economyarrow_forwardTRUE or FALSE 48. The location choices of big labor-intensive companies will have bearing on migration between rural and urban areas. 49. Labor turnover is faster in urban companies than in rural companies. 50. The presence of shanty towns relates to a nation’s GINI coefficient.51. Perfect inequality in the distribution of income can be exhibited in reality.arrow_forward
- 21. Government policies to reduce inequality and poverty include all of the following except a) Progressive income taxes b) The graduated licensing system c) Transfer payments d) Education policies e) Training programs..arrow_forwardThe largest single program in the U.S. welfare state is: a. Food stamp program b. Temporary Aid Needy Families (TANF) c. Earned Income Tax Credit (EITC) d. Social Securityarrow_forwardWHAT ARE SOME POLICIES THAT A GOVERNMENT CAN IMPLEMENT TO REDUCE INCOME INEQUALITY? SELECT ALL THAT APPLY A. Increase spending in education. B. Lower tax for the top quintile. C. Stregnthen anti-discrimination laws based on race, gender, sexual orientation, marital status, religion, and disability status. D. Increase access to affordable healthcare to all. E. Encourage corporate stock ownership.arrow_forward
- People who often create benefits for the minority and impose the cost on the majot"ity are called a.fair-interest groups. b.encounter groups. c.laissez-fail'e groups. d.special-interest groups.arrow_forwardIndigenous people are ranked among the lowest income groups in Canada. O True O Falsearrow_forward
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