Have redistribution programs decreased poverty since 1968? Discuss the role of program administrators and their bureaus in explaining your answer
What will be an ideal response?
Redistribution programs have not decreased poverty. Since 1968 the poverty rate has been fairly constant at 13 percent of the population. While it is not clear the net effect of the administrators of poverty programs on the poverty rate, it is evident that program administrators have an incentive to perpetuate recorded poverty as it ensures the maintenance of their livelihood. Whether this, on net, has led to higher or lower poverty is unclear.
You might also like to view...
When the price of apples goes up
A) the quantity of apples demanded will decrease, ceteris paribus. B) the demand for apples will increase, ceteris paribus. C) the quantity of apples demanded will increase, ceteris paribus. D) the demand for apples will decrease, ceteris paribus.
Suppose the U.S. Congress is successful in enacting tariffs large enough to eliminate the current account deficit. What would happen to the level of domestic investment?
A) It would rise and exceed national saving. B) It would fall to a level equal to national saving. C) It would not change. D) It would rise to a level equal to net foreign investment.
A horizontal line always has a slope of one.
Answer the following statement true (T) or false (F)
Assume there are two people in a society. Person A is willing to pay $70 to have one unit of a public good produced and Person B is willing to pay $80 to have one unit of a public good produced and $70 to have two units produced. As a result, for ________ unit(s) of this public good, society would be willing to pay a price of ________.
A. 3; $100 B. 1; $100 C. 1; $150 D. 5; $80