--%>

Relative concept about poverty

A predictable reluctance through modern welfare recipients to trade all they own for the material possessions of a rich person by a much earlier period would be evidence which poverty is: (w) easily solved by income redistribution programs. (x) a relative concept. (y) the absence of an capability to meet basic physical requirements. (z) a psychological problem of poor people.

Hey friends please give your opinion for the problem of Economics that is given above.

   Related Questions in Microeconomics

  • Q : Total revenue and total cost for firm

    Total revenue for the firm in illustrated figure is __________ __________ total cost.: (w) greater than (x) less than (y) equal to (z) Cannot be determined by the information given.

    Q : Exploitation-Competitive Markets The

    The removal of exploitation of the labor wage payments beneath the value to society of each and every individual worker’s productive contribution is automatic when business decision makers: (i) Should set wages via collective bargaining agreements with the labor

  • Q : Burden of tax decrement The burden of

    The burden of an excise (i.e., per unit) tax would reduce solely upon consumers of the taxed good within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Define Marginal rate of Substitution or

    Marginal rate of Substitution (MRS): It is the rate at which a consumer is prepared to give up one good to get the other good.

  • Q : Example of acquisitions of merger The

    The Overpriced Petroleum Extraction Company (or OPEC) has just declared its acquisition of some small firms with facilities which will permit OPEC to process oil via the whole refining procedure, from oil field recovery via transporting and then trading the refined pe

  • Q : Resource market in equilibrium demand

    When the resource market shown in this illustrated figure is initially within equilibrium along with demand curve D0: (w) owners of these resources currently receive no economic rents. (x) economic rent is specified by area

  • Q : New cost-saving technologies adopting

    Firms are under greater pressure to rapidly adopt any new cost-saving technologies when an industry is: (i) closely regulated by government. (ii) controlled by professional managers instead of owners. (iii) dominated by a vast monopoly. (iv) highly co

  • Q : Definition of Entrepreneurs I have a

    I have a problem in economics on Definition of Entrepreneurs. Please help me in the following question. Entrepreneurs are most excellently explained as the people who: (i) Market a product cheaper and faster. (ii) Open their own business. (iii) Rely on the commissions

  • Q : Earn incentive to work When welfare

    When welfare recipients are needed to pay back $1 of benefits for each $1 of wages they earn, it will: (w) enhance the incentive to work. (x) weaken the incentive to work. (y) have no effect on the incentive to work. (z) reduce welfare benefits to the

  • Q : Closed Shops and union members Firms

    Firms which agreed to hire only workers who were already the union members would be operating: (1) Agency shops. (2) Bilateral monopolies. (3) Monopsonistic shops. (4) Union shops. (5) Closed shops. Choose the right answer from the