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- Of all the Americans who live in poverty, most are families. A. black; white B. Hispanic; white O c. black; Hispanic OD. white; black and Hispanic % 5 1 6 M Oll & 7 8 families, while the highest poverty rate is among O - C Next M ytl ers CarHow can a program that subsidizes housing for low income families avoid creating a poverty trap? O Have the benefits reduce only gradually as family income increases All of these could reduce help avoid the poverty trap but at a cost O Limit the amount of time people can use the benefit Create work requirementsN2 The current poverty level for a single household is $12,760 . For a house hold of four it's $26,200 . Using the percentage above (138%) , find the adjusted limits on the minimum income to qualify for Medicaid?
- Show instructions Question 1 Income poverty is about the lack of access to the basic rights of food, clothes and shelter, education, proper health care, clean water -- rights that most of us take for grante ○ True O False Question 2 ( Population is not a direct cause of poverty, but it does compound the problem of poverty. True O False Question 3 Income levels do not necessarily reflect levels of poverty. O True O False Questions 1-10 of 10 | Page 1 of 1 Question 4 War is perhaps the most devastating and serious cause of poverty. O True O False Question 5 The World Bank has established an international poverty line of $10 a day per person in 1985 purchasing power parity (PPP) prices. O True O False Question 6 Analysts have found a strong positive relationship between economic growth and poverty reduction. O True O False Question 7 Most of the world's poor live in South Asia. True O FalseQUESTION 5 The problem with the Poverty Line shown in Mankiw, Fig 2, is that: O It accounts mainly for in-kind transfers.. Bases poverty threshold mainly on money income. OIt excludes a large number of transfers. O It excludes earned income. learn-us east prod feet01-ythouleam.doudare blackboardedn.com/biackboardeamythosprod/Salled4744755/13505715X Blackboard Expiration 16202052. VMPG| VAPL, PA PL)Consider the following table that gives the monthly per capita consumption expenditure of 10 households with poverty line given as $500 per month. Poverty Gap is %. Monthly per capita consumption expenditure (in $) of 10 households 5 400 300 1000 2500 4 9 400 950 2 3 6 7 8 10 Country A 900 1200 505 100 O a 40 O b. 13 O c. 27 O d. 16
- Completed 15 out of 20 Submit All Question 9 of 20 If the poverty guideline for a family of four is $25,750, what is the most that a household can earn to be considered "near- poor"? O $19,312.50 O $12,875 O $32,187.50 O $25,750What goods and services would you include in an estimate of the basic necessities for a family of four?How is the poverty rate calculated?
- Which set of policies is more likely to cause a tradeoff between economic output and equality: policies of redistribution policies aimed at the ladder of opportunity? Explain how the production possibility frontier tradeoff between economic equality and output might look in each case.Other than the demand for labor, what would be another example of a 'derived demand?How can the effect of the poverty trap be reduced?
