Business, 08.12.2021 19:50 odalysesquermon
1. In the United States, the official poverty rate is the percentage of residents who . (1 point)
- are unable to purchase food or water anywhere in the country-
- are earning a household income that is less than the threshold set by government
- are earning an individual income that is less than the threshold set by government
- are unable to purchase food or water from local sources
2. The Supplemental Poverty Measure differs from the official poverty measure in a number of ways. What is one particular difference between the two? (1 point)
- the Supplemental Poverty Measure includes cash income, while the official poverty measure does not.
- The official poverty measure includes nonmonetary benefits like housing subsidies and tax credits, while the Supplemental Poverty Measure does not.
- The official poverty measure includes nonmonetary benefits like housing subsidies and tax credits, while the Supplemental Poverty Measure does not.
- The Supplemental Poverty Measure includes nonmonetary benefits like housing subsidies and tax credits, while the official poverty measure does not.
3. A country's income distribution is the . (1 point)
- distribution of total GDP among the total population
- distribution of total GDP among the unemployed population
- distribution of total GDP among all citizens
- distribution of total GDP among the working population
4. Which of the following is not an example of in-kind assistance? (1 point)
- National School Lunch Program
- Low Income Home Energy Assistance Program
- Supplemental Nutrition Assistance Program
- Social Security income
5. The distribution of income within the borders of a hypothetical country has begun troubling members of Congress. Specifically, the members of Congress are concerned that a very small minority commands a large portion of the country's total GDP. Which of the following methods might the government use to redistribute income from the high-income earners to lower-income earners? (1 point)
- government-provided housing
- Social Security payments
- food stamps
- progressive tax
Answers: 2
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