Exam 18: Inequality, Poverty, and Discrimination
Exam 1: Economics: the Study of Choice136 Questions
Exam 2: Confronting Scarcity: Choices in Production189 Questions
Exam 3: Demand and Supply243 Questions
Exam 4: Applications of Supply and Demand104 Questions
Exam 5: Macroeconomics: the Big Picture141 Questions
Exam 6: Measuring Total Output and Income156 Questions
Exam 7: Aggregate Demand and Aggregate Supply162 Questions
Exam 8: Economic Growth131 Questions
Exam 9: The Nature and Creation of Money219 Questions
Exam 10: Financial Markets and the Economy169 Questions
Exam 11: Monetary Policy and the Fed173 Questions
Exam 12: Government and Fiscal Policy170 Questions
Exam 13: Consumption and the Aggregate Expenditures Model214 Questions
Exam 14: Investment and Economic Activity135 Questions
Exam 15: Net Exports and International Finance194 Questions
Exam 16: Inflation and Unemployment128 Questions
Exam 17: A Brief History of Macroeconomic Thought and Policy120 Questions
Exam 18: Inequality, Poverty, and Discrimination135 Questions
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During the last two decades, the share of income going to the poor has declined in the United States.
Free
(True/False)
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Correct Answer:
True
In 2015, the poverty line for a family of four in the United States was an income of about $24,000.
Free
(True/False)
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Correct Answer:
True
Studies of income changes in the United States over time reveal that there is almost no income mobility among quintiles of the distribution of income.
Free
(True/False)
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Correct Answer:
False
Use the following to answer questions
Exhibit: Income Distribution
-(Exhibit: Income Distribution)
Curve B indicates that:

(Multiple Choice)
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Exhibit: Discrimination Model
-(Exhibit: Discrimination Model)
If blacks and whites have the same supply curve, but employers have discriminatory attitudes that cause them to assume a black worker is less productive, the wage of whites will be _______ , the quantity of whites hired will be ________ , the wage of blacks will be _______ , and the quantity of blacks hired will be ________ .

(Multiple Choice)
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According to the text, it is generally agreed that in the United States in the first two decades following World War II:
(Multiple Choice)
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Which of the following demographic groups in the United States has the highest poverty rate?
(Multiple Choice)
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If there is considerable _______ among the quintiles of the distribution of income in a country, then there would be many families moving from _______ and others moving from _______ quintiles.
(Multiple Choice)
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Use the following to answer questions
Exhibit: Discrimination
-(Exhibit: Discrimination)
If blacks and whites have the same supply curve S, while blacks have demand curve D and whites have demand curve D', the wage for whites will be given by:

(Multiple Choice)
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In the United States today, poor people have much ________ incomes than _______ .
(Multiple Choice)
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According to the text, it is generally agreed that in the United States since World War II, the distribution of income has:
(Multiple Choice)
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If discrimination against blacks in the labor market is eliminated, then the wage paid to blacks will _______ and the number of blacks employed will _______ .
(Multiple Choice)
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The percentage of the population that falls below the poverty line is called the poverty rate.
(True/False)
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Since the late 1970s in the United States, the demand for _______ labor _______ and the demand for _______ labor _______ .
(Multiple Choice)
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Use the following to answer questions
Exhibit: Income Distribution in the United States
-(Exhibit: Income Distribution in the United States)
In 1968 and 2010, the lowest 40 percent of the families received _______ and _______ percent of the income, respectively.

(Multiple Choice)
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The provision of specific goods and services to poor people is:
(Multiple Choice)
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In the United States in the 1990s, and 2000s, the gap between the wages of college- and high-school-trained workers _______ and contributed to _______ .
(Multiple Choice)
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Discrimination in an economy results in the economy operating inside its production possibilities curve.
(True/False)
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