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Home Q & A Board Other Fields Homework Help Business Economics
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mt mt
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Posts: 543
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6 years ago
The U.S. Department of Agriculture defines the official poverty level as
 a. the bottom 10 percent of the income distribution
  b. the poorest 2 million households
  c. income less than 15,000
  d. income equal to three times the estimated cost of a nutritionally adequate diet
  e. being unemployed for more than two months

QUESTION 2

A worker's labor supply depends on, among other things, his ability, his preference for the task, and the opportunity cost of his time.
 a. True
  b. False

QUESTION 3

In-kind transfer programs such as Medicaid have increased more rapidly than other welfare programs over the last decade.
 a. True
  b. False

QUESTION 4

The amount of time an individual is willing to sell on the labor market varies positively with the value of leisure time.
 a. True
  b. False

QUESTION 5

In determining the poverty level, the Census Bureau counts cash transfers, but not in-kind transfers, thereby understating the actual amount of antipoverty transfers made.
 a. True
  b. False
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socob255socob255
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Posts: 306
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6 years ago
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mt Author
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6 years ago
Just got PERFECT on my quiz
sudenzia
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Yesterday
You make an excellent tutor!
joyceess
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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