Relative poverty might be defined based

Assignment Help Business Economics
Reference no: EM13743010

1. Relative poverty might be defined based on the:

A. relative proportion of income spent on food

B. upper limit of income in the lowest one-fifth of the income distribution.

C. amount of money needed to buy a basket of goods and services

D. ratio of food expenditures to housing expenditures.

2. Assume someone with no income gets $1000 per month in benefits and there is a benefit-reduction rate of 60%. Someone that earns $1200 per month would have how much total income (including wage and benefits)?

A. $1200

B. $1480

C. $1280

D. $1720

3. Assume someone with no income gets $1000 per month in benefits and there is a benefit-reduction rate of 60%. Lowering the benefit reduction rate to 30% would:

A. Increase the incentive to work but increase the size of the program for taxpayers

B. Decrease the incentive to work and decrease the size of the program for taxpayers

C. Decrease the incentive to work and increase the size of the program for taxpayers

 

D. Increase the incentive to work and decrease the size of the program for taxpayers

Reference no: EM13743010

Questions Cloud

Her minimum monthly payments are loan consideration : Mary's credit card situation is out of control because she cannot afford to make her monthly payments. She has three credit cards with the following 1 loan balances and APRs: Card 1, $4,500, 19%; Card 2, $5,700, 23%; and Card 3, $3,200, 15%.
Interest rate remains constant over this entire period : Determine the current amount of money that must be invested at 12% nominal interest, compounded monthly, to provide an annuity of $12000 per year for 4 years, starting 11 years from now. The interest rate remains constant over this entire period of t..
Can conflict be managed : Leadership and management have been described as two (2) distinct but complimentary organizational systems by John Kotter. Abraham Zalenuk proposed that personalities of leaders and managers stand in contrast to one (1) another; therefore, which w..
Prepare a lab report on the physiology of the heart : Prepare a Lab report on the physiology of the heart
Relative poverty might be defined based : Relative poverty might be defined based on the: Assume someone with no income gets $1000 per month in benefits and there is a benefit-reduction rate of 60%. Someone that earns $1200 per month would have how much total income (including wage and benef..
Selection of most relevant factors to consider in personal : Develop a two- to three-page paper (excluding the title and reference pages) focusing on the selection of the most relevant factors to consider in a personal bankruptcy. You need to address the following:
Primary product-service offerings : Brief history and description of the company - background, primary product/service offerings, customers, business sector(s), etc.
Equation for total accounting cost and total economic profit : Three students consider the option of forming a lawn care and landscaping business during their summer vacation. They estimate the following costs: Insurance $2,600; Equipment Rental Fees $1,000; Fuel and Supplies $4 per lawn serviced and Miscellaneo..
The impact of past climate change on genetic variation : Prepare Oral Presentations on The impact of past climate change on genetic variation and population connectivity in the Icelandic arctic fox

Reviews

Write a Review

Business Economics Questions & Answers

  There are one large and two small car dealerships in a town

There are one large and two small car dealerships in a town. The large dealer begins selling cars way below cost in an attempt to drive the small dealerships out of business. Once they are out of business, the large dealership knows it can raise pric..

  Why the three variables are appropriate explanatory

Briefly explain why the three variables are appropriate explanatory variables to predict the consumption of services or why they are related to consumption.

  Illustrate what would you recommend that the firm

Illustrate what would you recommend that the firm do given this resource combination.

  Bank compounds interest

If you want to make four equal payments on each January 1 from 2013 through 2016 to accumulate the $1,000, how large must each payment be.

  What do you abou semi-salt is earning monopoly profits

Despite the absence of patent protection, Semi-Salt has averaged accounting profits of 5.5 percent on investments since it began producing polyglutamate-a rate comparable to the average rate of interest that large banks paid on deposits over this ..

  What is its demand for loanable funds

A country has national saving of $80 billion, government expenditures of $40 billion, domestic investment of $60 billion, and net capital outflow of $20 billion. What is its demand for loanable funds?

  Efficient amount of pollution control

The Environment Ministry in Japan proposed new carbon tax in order to meet Japan obligations to decrease carbon dioxide emissions under Kyoto Treaty.

  If you were the angel investor what is your certainty

If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk-averse, risk-neutral, or risk-lover?

  Q this is a drag-and-drop question click on the curves

q. this is a drag-and-drop question. click on the curves below and drag them to a new location on the graph that will

  Two dry cleaners are located on a street of length

Two dry cleaners are located on a street of length. The firms do not make the same profit, verbally describe why this is the case.

  Apples ability to control the pricing

What do you think that Apple's ability to control the pricing of downloaded song is likely to change in the future.

  Compute the arc price elasticity of demand for the price

Compute the arc price elasticity of demand for the price of paperback books falling from $7.00 to $6.50, the quantity demanded rises from 100 to 150.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd