--%>
Assignment Help - homework help

Poverty line define officially

Official poverty rates for U.S. families [the “poverty line”] are: (a) higher than in most other countries. (b) very similar for different types of families. (c) higher for the middle class than for lower class families. (d) lower than in most other countries if poverty is measured absolutely.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Market Power and Monopsony Power Assume

    Assume that a firm with the market power in output market wishes to grow and that hiring more workers needs it to increase salaries 8 percent for all the workers. The output prices will most likely: (i) Increase 8 percent to cover the wage rise. (ii) Increase less tha

    		•
  • Q : Market price in the Law of Equal

    The marginal utility [that is, additional jollies derived from the final unit consumed] of each and every of the specific goods you purchase regularly is probably most intimately correlated with each and every good’s: (1) Consumer surplus. (2) Market price. (3)

    		•
  • Q : Determine possibly accurate order of

    Which of the given in lists of taxes or taxed goods is possibly in accurate order from most backward-shifted to most forward: (w) Tobacco, property, general sales and payroll. (x) Land, payroll, tobacco and property. (y) Tobacco, payroll, corporate in

    		•
  • Q : Income effect of a small change in wage

    The income effect of a small change within wage rate is approximately identical to the substitution consequence for Glynn at: (i) point a. (ii) point b. (ii) point c. (iv) point d. (v) point e.

    Q : Excise tax at highest average rate At

    At the highest average rate an excise tax will tax low incomes while: (1) only luxuries are taxed. (2) goods along with the highest income elasticity of demand are exempt. (3) goods along with the lowest income elasticity of demand are exempt. (4) no

    		•
  • Q : When is demand more elastic at a price

    Along this demonstrated in below demand curve for DVD games, demand is more elastic at a price of: (w) $10. (x) $6. (y) $1. (z) zero.

    Q : Quantity supplied to relative change in

    The price elasticity of supply approximately measures the ratio of relative as: (w) profit to the amounts firms supply at different prices. (x) price increase necessary to induce a firm to raise output. (y) change within the quantity supplied to a rel

    		•
  • Q : Moderately increasing costs When this

    When this purely competitive industry is described by moderately increasing costs, in that case line C would represent: (w) the demand curve facing the entire industry as a whole. (x) market-period supply. (y) long-run market supply. (z) short-run sup

    		•
  • Q : Supply in short-run equilibrium When a

    When a purely competitive industry is within short-run equilibrium, this: (w) should also be in long-run equilibrium. (x) won’t be in long-run equilibrium. (y) may or may not be within long-run equilibrium. (z) will experience m

    		•
  • Q : Marginal revenue curve with marginal

    LoCalLoCarbo has turn into the favorite of fad dieters. There in demonstrated figure curve A shows: (i) LoCalLoCarbo’s marginal cost curve. (ii) LoCalLoCarbo’s average variable cost curve. (iii) LoCalLoCarbo’s average total cost curve. (iv) the marke

    		•