In 2008, federal, state, and local redistribution programs were most close to
a. 20.0 trillion
b. 200.0 billion
c. 2.0 billion
d. 200.0 trillion
e. 2.0 trillion
QUESTION 2Other things equal, the supply of labor will be higher to a job that
a. requires a supervisor to closely monitor employee performance
b. provides few opportunities for training
c. has a starting time of midnight
d. requires advanced skills or education
e. has more amenities
QUESTION 3Which of the following is not true about income quintiles?
a. Only one in seven households in the bottom quintile has anybody working full time
b. Only one in three households in the top quintile has anybody working at all
c. A primary contributor to the smaller share of income going to the bottom quintile has been the growth of single-parent households
d. Three out of four households in the top quintile have two or more working
e. A primary contributor to the larger share of income going to the top quintile has been the growth of two-earner households
QUESTION 4Other things equal, the supply of labor will be lower to a job that
a. offers less strenuous physical activity
b. requires a supervisor to closely monitor employee performance
c. allows for flexible work schedules
d. offers free room and board
e. is exciting due to slightly elevated risk
QUESTION 5The U.S. Census Bureau considers in-kind transfers (such as employer provided benefits) when measuring income.
a. True
b. False
QUESTION 6Other things equal, the supply of labor will be lower to a job that
a. offers more prestige
b. offers valuable on-the-job training
c. requires advanced skills or education
d. provides a climate-controlled work environment
e. allows for flexible work schedules
QUESTION 7Which of the following countries has more even income distribution than the United States?
a. Canada
b. Brazil
c. Chile
d. Nigeria
e. Philippines
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