Exam 15: Issues in Labor Markets: Unions, Discrimination, Immigration

Antipoverty programs that are set up so that the amount of government benefits will decline substantially as poor people earn more income typically create _______.

A government has decided to phase out its antipoverty program support payments more slowly to help the near-poor become self-sufficient. One criticism about this policy is likely to be

The group of government programs that provide assistance to the poor and the near-poor is synonymous with which of the following?

Suppose that new high-technology farming equipment is developed. These new machines are substitutes for low-income workers such as farm laborers, but they are complements for high- income workers such as farm technicians and farm owners. This new technology will _______ employment and _______ wages for high-income workers.

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the second-to-bottom quintile of this income distribution is

If a rise in incomes for both low-income and high-income workers is higher for the high- income workers,

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is _______, which is than that for the highest quintile of the U.S. income distribution in 2005.

The concept of a poverty line raises a number of complex questions. Which of the following represents such a question?

If the income level falls for low-income workers, but remains unchanged for high-income workers,

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the bottom quintile of this income distribution is _______, which is _______ than that for the bottom quintile of the U.S. income distribution in 2005.

To address a common poverty trap problem for many low-paid Americans whose jobs pay enough that a family could lose its eligibility for_______ , yet those jobs don't offer _______ Either, some states guaranteed that children would not loose their coverage if their parents worked.

A situation of _______ arises when one group receives a higher share of total income or wealth than others.

A group of 10 golfing buddies have the following annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000, $38,000, $70,000, $16,000, $20,000, $24,000. The share of income received by the lowest quintile of this income distribution is _______ than that for the bottom quintile of the U.S. income distribution in 2005. The share of income received by the highest quintile of this income distribution is _______ than that for the highest quintile of the U.S. income distribution in 2005.