Question 1

Means tested government programs:

Accepted Answer

A)  define eligibility for benefits based on recipients' income.
B)  are meant to target resources toward those who need them most.
C)  can create perverse incentives.
D)  All of these are true.E) All of the above
F) B) and D)

Question 2

The practice of making choices using generalizations based on observable characteristics like race,gender,or age is called:

Accepted Answer

A)  discrimination.
B)  means-testing.
C)  conditional cash transfers.
D)  None of these is true.E) A) and D)
F) B) and D)

Question 3

The highest percentage of people who live on less than $1.25 a day live in:

Accepted Answer

A)  sub-Saharan Africa.
B)  South Asia.
C)  China.
D)  None of these is true.E) A) and B)
F) B) and D)

Question 4

If the U.S.population were split into quintiles based on income,with the lowest quintile representing the poorest 20 percent,then those who earned the average income for the United States would be in the:

Accepted Answer

A)  second quintile.
B)  third quintile.
C)  fourth quintile.
D)  fifth quintile.E) None of the above
F) A) and C)

Question 5

Some say in-kind transfers are inefficient because:

Accepted Answer

A)  cash transfers allows utility-maximizing individuals to make the best decision about items they need.
B)  some of them get traded in a secondary market,implying inefficient distribution.
C)  it's not what most people want.
D)  everyone always prefers cash to goods and services.E) All of the above
F) B) and D)

Question 6

As of 2010,the Gini coefficient was 33.9 in India and 40.8 in the United States.We can interpret this to mean that inequality:

Accepted Answer

A)  is greater in India than the United States.
B)  is greater in the United States than in India.
C)  is about the same in the two countries.
D)  is not a problem in either country.E) All of the above
F) A) and B)

Question 7

Over the last 50 years,the poor have:

Accepted Answer

A)  become richer at a slower rate than the rich,and so inequality has grown.
B)  become richer at a slower rate than the rich,and so inequality has decreased.
C)  become richer at the same rate as the rich,and so inequality has stayed the same.
D)  become poorer,while the rich have become richer,and so inequality has grown.E) A) and D)
F) A) and C)

Question 8

Most countries in the world have Gini coefficients ranging from:

Accepted Answer

A)  0.25 to 0.60.
B)  0.20 to 0.85.
C)  0.10 to 0.50.
D)  0.30 to 0.40.E) None of the above
F) All of the above

Question 9

Progressive taxation serves which of the following goals of economic welfare policy?

Accepted Answer

A)  Redistribution of wealth
B)  Social insurance
C)  Economic growth
D)  Progressive taxation has all of these goals aimed at reducing inequality.E) A) and D)
F) None of the above

Question 10

The goal of programs such as government-subsidized housing,food stamps,Medicaid are to:

Accepted Answer

A)  spur economic growth.
B)  redistribute wealth from the rich to the poor.
C)  provide a safety net to those who are close to transient poverty.
D)  None of these is true.E) None of the above
F) A) and C)

Question 11

Retirement benefits are less like __________,and more like _____________

Accepted Answer

A)  private insurance;collective savings program.
B)  social insurance programs;social savings programs.
C)  savings programs;private insurance.
D)  None of these is true.E) None of the above
F) A) and D)

Question 12

Conditional cash transfer program are program in which:

Accepted Answer

A)  financial support is given only to people who engage in certain actions.
B)  financial support is given only to people who have paid into the program for a minimum amount of time.
C)  financial support is given only to people who agree to pay it back at reduced interest to the government in the future.
D)  None of these is true.E) None of the above
F) A) and B)

Question 13

The United States has had:

Accepted Answer

A)  high absolute mobility in the last century,and lower relative mobility.
B)  high relative mobility in the last century,and lower absolute mobility.
C)  low absolute mobility in the last century,but higher relative mobility.
D)  low relative mobility in the last century,and even lower absolute mobility.E) A) and B)
F) A) and C)

Question 14

An example of policy that aims to break the negative cycle of poverty and low human capital is:

Accepted Answer

A)  policy that improves schools.
B)  policy that offers training in job skills.
C)  policy that provides health care.
D)  All of these are examples of policy that can break the negative cycle of poverty and human capital.E) None of the above
F) B) and C)

Question 15

The US government began tracking poverty in the late:

Accepted Answer

A)  1950s.
B)  1960s.
C)  1970s.
D)  1940s.E) C) and D)
F) A) and B)

Question 16

In 2010,what percent of the population lived under the official poverty line in the United States?

Accepted Answer

A)  15.1 percent,higher than a near all-time low of 11.3 percent in 2000.
B)  11.3 percent,down from a near all-time high of 15.1 percent in 2000.
C)  15.1 percent,higher than a near all-time low of 3.11 percent in 2000.
D)  11.3 percent,down from a near all-time high of 25 percent in 2000.E) A) and D)
F) B) and D)

Question 17

One difference from private insurance programs is that social insurance programs:

Accepted Answer

A)  serve everyone who meets baseline eligibility requirements.
B)  use a sliding scale of payment based on ability to pay.
C)  are universally offered to everyone.
D)  None of these is true.E) None of the above
F) All of the above

Question 18

In the United States,the official poverty line is calculated by multiplying:

Accepted Answer

A)  the average expenditure on housing for a family of a given size by 3.
B)  the cost of food for a family of a given size by 3.
C)  the average expenditure on housing for a family of a given size by 2.
D)  the cost of food for a family of a given size by 2.E) None of the above
F) A) and B)

Question 19

Which of the following could be considered a goal of policy to address poverty and inequality?

Accepted Answer

A)  Economic development
B)  Safety nets
C)  Redistribution
D)  All of these are goals of policy to address poverty and inequality.E) B) and D)
F) C) and D)

Question 20

The absolute poverty line looks at _____________,and the relative poverty line captures ____________

Accepted Answer

A)  who cannot afford the basic necessities;what people can afford compared to those around them.
B)  what people can afford compared to those around them;who cannot afford the basic necessities.
C)  the percentage of the population that falls within the lowest quartile of income earners;the percentage of the population that earns 40 percent less than the median income.
D)  the percentage of the population that falls within the lowest quartile of income earners;what people can afford compared to those around them.E) B) and D)
F) All of the above

Exam 21: Poverty, Inequality, and Discrimination

The United States has had:

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The absolute poverty line looks at _____________,and the relative poverty line captures ____________

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Conditional cash transfer program are program in which:

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The US government began tracking poverty in the late:

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The goal of programs such as government-subsidized housing,food stamps,Medicaid are to:

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Which of the following could be considered a goal of policy to address poverty and inequality?

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Some say in-kind transfers are inefficient because:

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One difference from private insurance programs is that social insurance programs:

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If the U.S.population were split into quintiles based on income,with the lowest quintile representing the poorest 20 percent,then those who earned the average income for the United States would be in the:

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The practice of making choices using generalizations based on observable characteristics like race,gender,or age is called:

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The highest percentage of people who live on less than $1.25 a day live in:

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An example of policy that aims to break the negative cycle of poverty and low human capital is:

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As of 2010,the Gini coefficient was 33.9 in India and 40.8 in the United States.We can interpret this to mean that inequality:

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Over the last 50 years,the poor have:

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Means tested government programs:

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In the United States,the official poverty line is calculated by multiplying:

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Most countries in the world have Gini coefficients ranging from:

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Progressive taxation serves which of the following goals of economic welfare policy?

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In 2010,what percent of the population lived under the official poverty line in the United States?

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Retirement benefits are less like __________,and more like _____________

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The absolute poverty line looks at _,and the relative poverty line captures

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Retirement benefits are less like ,and more like ___

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