WSTA03H3 Lecture Notes - Cyberbullying
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QUESTION 16
A person is more likely to be poor if he or she is
African-American or Hispanic rather than white. | ||
a member of a male-headed family rather than a female-headed family. | ||
old rather than young. | ||
all of the above |
1 points
QUESTION 17
If the Gini coefficient is zero, there is
relative income equality. | ||
complete income inequality. | ||
complete income equality. | ||
relative income inequality. | ||
none of the above |
1 points
QUESTION 18
Which of the following statements is true?
The people that make up the top 5 percent of all income earners are all millionaires. | ||
In 2009, the lowest 20 percent of all income earners earned less than 5 percent of the total money income. | ||
The income distribution in the United States is completely equal. | ||
Between 1967 and 2009, the income distribution in the United States became more equal. |
1 points
QUESTION 19
To an economist, wage discrimination exists when
individuals of equal marginal revenue products are paid different wage rates. | ||
people of different ethnic backgrounds are treated differently by employers. | ||
women are paid different wage rates than men. | ||
African-Americans are paid different wage rates than whites. | ||
b, c, and d |
1 points
QUESTION 20
In-kind transfer payments are transfer payments that are paid in
cash. | ||
a specific good or service. | ||
stocks and bonds. | ||
a and b | ||
all of the above |