If one includes in-kind income in the calculation, the
a. official poverty rate becomes meaningless.
b. incidence of poverty actually increases.
c. poverty rate is unchanged.
d. fraction of the population in poverty drops.
d
You might also like to view...
Deliberation councils have no private sector input
Indicate whether the statement is true or false
People are often heard saying, “She makes good money.” An economic interpretation of this statement would be that
A. she has an honest job. B. she makes money that is not counterfeit. C. she has a high income. D. there is little inflation.
A monopolist
A. faces an upward sloping demand curve. B. faces a vertical demand curve. C. is a price searcher. D. is a price taker.
What is the reason that all economic issues and problems occur?
A) All nations use some form of money to buy and sell goods and services. B) People seek only their own self-interest. C) Powerful governments are able to control production and consumption. D) Human wants exceed the resources available to satisfy them. E) Humans are always wasteful and inefficient in production and consumption.