--%>

Percentage of incomes persistently

The percentage of American families along with incomes persistently below the poverty line is around: (w) 1 2%. (x) 3 5%. (y) 5 7%. (z) 8 10%.

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

   Related Questions in Microeconomics

  • Q : Laws and regulations for competitive

    Government regulation intends at certain potentially competitive prices or transactions frequently induce private adjustments through firms and individual therefore unexpected results comprise: (w) increased rates of growth of tax revenues. (x) rapid

  • Q : Question on central planning "Under

    "Under central planning, some group ought to decide how to obtain the necessary inputs produced in the right amounts and delivered to the right places at the right time. It is a nearly impossible task without markets and profits." This quotation best identifies the:

  • Q : Value of Marginal Product Can someone

    Can someone please help me in finding out the accurate answer from the following question. The value of marginal product of the variable resource is its marginal product multiplied by: (1) The marginal revenue from sale of its addition to the output. (2) The price of

  • Q : Incurs total costs by profit

    This profit-maximizing brickyard as in illustrated figure incurs total costs of approximately: (i) $1200 daily. (ii) $1300 daily. (iii) $1400 daily. (iv) $1530 daily (v) $1600 daily.

    Q : Price crosses elasticity of demand for

    When each 1 percent hike in the price of pencils causes a 2 percent decline within the quantity of erasers sold, the price crosses elasticity of demand for such complementary goods is about: (1) -2.0. (2) -1.0. (3) -4.0. (4) 2.0. (5) 1.0.

  • Q : Effects of price ceiling Effects of

    Effects of price ceiling: The consequences of price ceiling might be: A) Scarcity of the commodity B) The government might oblige rationing that is, supply of goods in limited q

  • Q : Median Relative Income Measurement A

    A family which has income greater than half the median incomes of other American families, although less than twice which median income, is categorized by the Department of the Census as: (1) impoverished. (2) low relative income. (3) working class. (

  • Q : Monopsony Power and Immobility of Labor

    Immobility of the labor is significant economically as: (1) Most of the people like to move, however cannot. (2) People in high salary occupations won't be completely compensated for the costs and difficulties related with their occupations. (3) It we

  • Q : Government analysts discount future

    When the interest rate is 10 percent yearly and government analysts discount the future benefits by a public project at 5 percent per year, then there will be an overstatement of the: (w) present value of the future benefits. (x) present value of aver

  • Q : Interest Rates and Bond Prices

    Increases in market interest rates are probably to be related with: (w) people’s increasing willingness to save. (x) bursting a speculative bubble into prices for hi-tech stocks. (y) increased pessimism regarding the profitability of economic in