--%>
Assignment Help - homework help

Majority of surviving below the poverty line

In the United States, a mainstream of those living below “the poverty line”: (1) have televisions, automobiles, main appliances, and other amenities possessed only by the wealthy [when anyone] in earlier times and nowadays, only by the wealthy in several other countries. (2) live a razor’s edge existence, only a few steps above starvation. (3) receive no government aid of any kind. (4) remain impoverished throughout their lives. (5) have at least high school educations.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Consequence of foreign exchange rate

    What are consequence of foreign exchange rate risk and how do this risk be mitigated?

    		•
  • Q : Goal of the War on Poverty Enhancing

    Enhancing the conditions of the poor was a main goal of the War on Poverty which was launched under President: (1) Franklin Delano Roosevelt. (2) Lyndon Johnson. (3) Richard Nixon. (4) Jimmy Carter. (5) Ronald Reagan.

    Q : Inequality in the distribution of income

    Increased inequality within the distribution of income into the United States since around 1975 is least attributable to: (1) baby boomers becoming adults. (2) a shift from manufacturing to service industries. (3) the rising percentage of households h

    		•
  • Q : Income Distribution in Development

    Income distribution tends to turn into more equal, statistically, while a country: (i) adopts central planning. (ii) becomes more developed and prosperous. (iii) relies more heavily on agriculture. (iv) reduces corporate tax rates. (v) adopts laissez-

    		•
  • Q : Describe price elasticity of demand

    Price elasticity of demand: The Price elasticity of demand refers to the degree of responsiveness of the quantity demanded to modifications in price. Ed = (ΔQ/Δ P) x (P/Q)

    		•
  • Q : Dollar revenues and accounting costs

    Can someone please help me in finding out the most accurate answer from the following question? The Accounting profit is the difference among: (1) Dollar revenues and accounting costs. (2) Net revenue and economic cost. (3) Accounting cost and economic cost. (4) Psych

    		•
  • Q : What is Interest Rate Price Risk

    Interest Rate Price Risk: The risk which occurs for bond owners from fluctuating interest rates is termed as interest rate risk. How much interest rate risk a bond has based on how sensitive its price is to interest rate modifications.

    		•
  • Q : Comparing monopolistic competition to

    If comparing monopolistic competition to pure competition within the long run: (w) product differentiation definitely improves social welfare. (x) only monopolistic competitors may earn economic profits. (y) only pure competitors oper

    		•
  • Q : Productivity in Oligopolies Oligopolies

    Oligopolies cannot: (w) maximize where MR = MC. (x) differentiate their product. (y) act independently of other firms. (z) make economic profits within the long run. Can someone explain/help me with best solution a

    		•
  • Q : Consequence of successful product

    Maggie thinks there are main differences among Crest, Colgate, Aquafresh and Rembrandt toothpastes, and eventually chooses Crest. Therefore her perception is mainly a consequence of: (1) successful product differentiation. (2) monopolistic competition. (3) informative

    		•