Question

In the U.S., after the 1980s, the share of income that the top fifth (the highest quintile) received _________________. Select the correct answer below:

began to fall

began to rise

remained constant

peaked at 43%

Medicaid does not provide medical insurance to which of the following groups? Select the correct answer below:

1.families with children below the poverty line

2.blind and disabled individuals

3.adults who choose not to purchase health insurance

4.the elderly poor

Which of the following is an example of a public good? Select the correct answer below:

1.a flood warning alarm

2.a library

3.police

4.all of the above

Answer 1

1.began to rise.

The top fifth received which is the share of the income will then began to rise.

2. 3)adults who choose not to purchase health insurance.

  Adults are those who are more likely to be uninsured than children.

3. 4)All of the above.

• a flood warning system
• a library
• Police

​​​​​​​​​​​​​​​​​​​​​ The most important characteristics of the public good are,

• Nonexcludability
• Nonrivalry