--%>

Official poverty rate for income distribution

For U.S. families official poverty rates are: (w) higher than in most other countries. (x) very similar for different types of families. (y) higher for the middle class than for lower class families. (z) lower than in most other countries if poverty is measured absolutely.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Cumulative Effect What do you mean by

    What do you mean by the term Cumulative Effect?

  • Q : Marginal revenue of purely competitive

    When boosting output by hundred units raises total revenue by $1200, in that case a purely competitive firm’s marginal revenue the same as: (w) $1,200. (x) $120. (y) $12. (z) $120,000. I need a good answer on

  • Q : Highest hourly wages rate and lowest

    From the given choices, in given graph Glynn would be happiest at: (1) point a. (2) point b. (3) point c. (4) point d. (5) point e. 1669_Lab</span></p>
                                        </div>
                                        <!-- /comment-box -->
                                    </li>
   
   </td>
	</tr><tr>
		<td>
       
      <li>
                                        <div class=

    Q : Price mechanism Write down the benefits

    Write down the benefits of leaving the allocation of countries resources to price mechanism?

  • Q : Total costs incur by profit-maximizing

    Hybrid Roses is the merely florist in 60 miles of Presidio, Texas. When total fixed costs (for example, rent and utilities) are $9 per hour, that profit-maximizing monopolist will incur total costs of around: (w) $20 per hour. (x) $27

  • Q : Yield behaviour conflicting law of

    Which of the given statements, if true, seems most probable to yield behavior which would conflict with the law of demand? (i) People cannot afford to drive as much whenever the price of gasoline goes above $3.00 per gallon. (ii) The greater heroin addicts encompass i

  • Q : Decreasing price of Complementary Goods

    The increase in demand for tartar sauce would be a probable result of: (1) A reduction in the price of fish. (2) An raise in the price of tartar sauce. (3) A bumper crop of the tartar sauce. (4) A raise in the price of fish. (v) The reduction in price

  • Q : Labor Contracts-Agreement of shops I

    I have a problem in economics on Labor Contracts-Shop Agreements. Please help me in the following question. The union leaders would tend to favor the contract clause needing: (1) A sweat shop. (2) An agency shop. (3) A union shop. (4) An open shop.

  • Q : Paying bond by given interest rate When

    When you buy a bond when the interest rate is 10 percent and sell it while the interest rate is 15%, you will obtain: (w) less than you paid for the bond. (x) more than you paid for the bond. (y) identical amount that you paid for the bond. (z) income

  • Q : Reducing prices due to a commodity

    Which of the given would NOT be taken as predatory behaviour: (w) Rapid technological innovation. (x) Reducing prices due to a commodity surplus. (y) Duplicative products intended to absorb shelf space. (z) Introduction of close substitutes for rivals