Question

1. Suppose the poverty line in the United States was set according the following test: a household is poor if its income is less than $55,999 per year. Is this an absolute or relative definition of poverty?

Group of answer choices

absolute

relative

neither absolute nor relative

both absolute and relative

2. The poverty rate is

Group of answer choices

the proportion of the population above the annual income defined as poor by the federal government

capable of being equal to zero using a relative income test

the proportion of the population falling below the annual income defined as poor by the federal government

the number of people that fall below the annual income defined as poor by the federal government

3. Noncash assistance accounts for

Group of answer choices

the majority of welfare programs provided by the federal government

an equal amount of welfare programs provided by the federal government, when compared to cash assistance

a minority of welfare programs provided by the federal government

zero percent of welfare programs provided by the federal government

4. Suppose for a particular group of the population the equilibrium wage is $22 and the equilibrium number of workers employed is 60,000. Which of the following could be an impact of sudden discrimination against workers from that group of the population?

Group of answer choices

a new equilibrium number of workers employed of 80,000

a new equilibrium wage of $18

a new equilibrium number of workers employed of 180,000

a new equilibrium wage of $26

Answer 1

1. Option 1.

Absolute poverty is in reference to a certain level of houshold income necessary to maintain basic living standards below which is called as poverty

Whereas in relative poverty, it is in refernce to a condition where houshold income is a certain percentage below median incomes

2. Option 2

It is the ratio or proportion of people whose income is below the poverty line

3. Option 1

4. Option 2

It represents that the quilibrium wage is reduced clearly indicating about the discrimination and making people to accept lower wages.