1.What do so many politicians, and journalist tells us what fair means?
2. After fifty years of poverty fair programs in the US, what are the results?
3.What was an early definition of social justice?
4.What is the current definition of social justice?
5.What are the many ways the US Federal Government taxes us?
6.What is our government's only source of revenues, no matter how our politicians word it?
7.What proportion of income taxes in the US is paid by the top 50%, 10%, and 1% of income earners?
8.Why are payroll taxes regressive?
9. It is true that nearly half the household in the US pays no income tax at all?
10. Do the poor actually lose various welfare benefits if they are trying to climb out of welfare, and their income increases?
11.Who actually pays corporate income taxes?
12.What is the definition of Economics?
13.Is there any form of government or economic system that can prevent a country from facing scarce resources?
14. How are resource allocation decisions made in a centrally planned economy and a free market system?
15.Is political self-interest somehow better than economic self-interest?
16.Is it possible for a small group of people in Washington D.C. to know the massive amounts of information required to get the right amount of milk on the local grocery stores' shelves?
17.What does voluntary exchange driven by self-interest require that each party to the exchange do?
18.What is the purpose of prices in a free market system?
19.What is crony capitalism, and why is it detrimental?
20.Why is issue emotionalism a shaky foundation upon which to make policy decisions?
21.We do not need to care what the stated intentions of politicians are regarding their proposed regulations. Instead, what should our concerns focus upon?
1.What do so many politicians, and journalist tells us what fair means?
2. After fifty years of poverty fair programs in the US, what are the results?
3.What was an early definition of social justice?
4.What is the current definition of social justice?
5.What are the many ways the US Federal Government taxes us?
6.What is our government's only source of revenues, no matter how our politicians word it?
7.What proportion of income taxes in the US is paid by the top 50%, 10%, and 1% of income earners?
8.Why are payroll taxes regressive?
9. It is true that nearly half the household in the US pays no income tax at all?
10. Do the poor actually lose various welfare benefits if they are trying to climb out of welfare, and their income increases?
11.Who actually pays corporate income taxes?
12.What is the definition of Economics?
13.Is there any form of government or economic system that can prevent a country from facing scarce resources?
14. How are resource allocation decisions made in a centrally planned economy and a free market system?
15.Is political self-interest somehow better than economic self-interest?
16.Is it possible for a small group of people in Washington D.C. to know the massive amounts of information required to get the right amount of milk on the local grocery stores' shelves?
17.What does voluntary exchange driven by self-interest require that each party to the exchange do?
18.What is the purpose of prices in a free market system?
19.What is crony capitalism, and why is it detrimental?
20.Why is issue emotionalism a shaky foundation upon which to make policy decisions?
21.We do not need to care what the stated intentions of politicians are regarding their proposed regulations. Instead, what should our concerns focus upon?
For unlimited access to Homework Help, a Homework+ subscription is required.
Related textbook solutions
Related questions
The poverty threshold for a household with one person in 2010 was:
A. |
about $25,600. |
|
B. |
about $21,100. |
|
C. |
about $11,300. |
|
D. |
about $38,000. |
Compared to a generation ago, public aid programs that are likely to benefit families have received:
A. |
less funding. |
|
B. |
about the same level of funding. |
|
C. |
no funding. |
|
D. |
more funding. |
There is considerable ________ among the quintiles of the distribution of income, with many families moving from ________ and others moving from ________ quintiles.
A. |
immobility; lower to lower; higher to higher |
|
B. |
immobility; lower to higher; higher to lower |
|
C. |
stability; lower to higher; higher to higher |
|
D. |
mobility; higher to lower; lower to higher |
The ________ is widely used to measure income inequality.
A. |
median household income |
|
B. |
ability-to-pay principle |
|
C. |
poverty rate |
|
D. |
Gini coefficient |
Medicaid is funded by:
A. |
private charities. |
|
B. |
federal and state governments. |
|
C. |
state governments only. |
|
D. |
the federal government only. |
Private health insurance is funded by:
A. |
members of a large pool of individuals, each paying a fixed premium to a private company that agrees to pay most of the medical expenses of the members. |
|
B. |
tax contributions to Medicare. |
|
C. |
the government. |
|
D. |
people who are extremely ill who pay very high premiums. |
n the United States, the government pays _______ of all medical costs.
A. |
between 70% and 80% |
|
B. |
approximately 50% |
|
C. |
100% |
|
D. |
less than 20% |
Which of the following programs represents in-kind transfers?
A. |
Medicaid |
|
B. |
Temporary Assistance for Needy Families |
|
C. |
the Earned Income Tax Credit |
|
D. |
Social Security |
Children raised in poverty have a greater likelihood of living in poverty as adults than do those raised in nonpoor families, because low income is highly correlated with higher:
A. |
high school dropout rates. |
|
B. |
high school dropout rates, risk of mental problems and behavioral disorders, and with higher rates of illness and hospitalization. |
|
C. |
risk of mental problems and behavioral disorders. |
|
D. |
rates of illness and hospitalization. |