Sec 20.1 MC The Measurement of Inequality

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1、1. Governmentsenactpoliciesto a. makethedistributionofincomemoreefficient. b. makethedistributionofincomemoreequal. c. maximizetheuseofthewelfaresystem. d. minimizetheuseofin-kindtransfers.ANSWER:  bDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.012-Appl

2、ybasic,economicprinciplesofindividualdecisionmakingthatdeterminehowaneconomygenerallyworks.TOPICS:  EconomicthinkingKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  001.20.1-MC-MANK082. Whichofthefollowingisnotaquestionthateconomiststrytoanswerwhenmeasuringthed

3、istributionofincome? a. Howmanypeopleliveinpoverty? b. Howoftendopeoplereceivearaiseatwork? c. Howoftendopeoplemoveamongincomeclasses? d. Whatproblemsariseinmeasuringtheamountofinequality?ANSWER:  bDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.006-Analy

4、zethefactorscontributingtoincomeinequality.TOPICS:  EconomicthinkingKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  002.20.1-MC-MANK083. Economistsstudypovertyandincomeinequalitytoanswerwhichofthefollowingquestions? a. Whatarepeople'swages? b. Howdoeslabor-force

5、experienceaffectwages? c. Howmuchinequalityisthereinsociety? d. Howdopeopleadjusttheirbehaviorduetotaxation?ANSWER:  cDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.239-Givenatablewiththeincomedistributioninaneconomy,assessthelevelofincomeinequalityintha

6、teconomy.TOPICS:  EconomicthinkingKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  003.20.1-MC-MANK084. ComparingtheUnitedStateshouseholdincomedistributiontoothercountriesis a. easy,becausedataisavailableforallcountriesintheworld. b. easy,becausesomecountriescoll

7、ectdataonexpendituresinsteadofincomes. c. problematic,becauseinternationalagreementsrequirecountriestostandardizetheirincomeaccountingprocedures. d. problematic,becausecountriescollectdataindifferentways.ANSWER:  dDIFFICULTY:  EasyCopyrightCengageLearning.

8、PoweredbyCognero.Page 62LEARNING OBJECTIVES:  ECON.MANK.012-Applybasic,economicprinciplesofindividualdecisionmakingthatdeterminehowaneconomygenerallyworks.TOPICS:  EconomicthinkingU.S.economyKEYWORDS:  BLOOM'