Relative Income to Measures and Distribution

From 1976 year, after adjusting income for taxes and transfers, the relative income group which, according to the Department of the Census, which has decreased most markedly like a percentage of the U.S. population has been the population categorize as: (w) below the poverty line. (x) low relative income. (y) middle relative income. (z) highest relative income.

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Microeconomics

Q : Problem based on Human Capital Can

Can someone help me in finding out the right answer from the given options. From a purely financial viewpoint, we should stop going to school if you: (i) Graduate from college. (ii) Have to take out educational loans at interest rates which exceed the inflation rate.

Q : Create demand and supply tables Suppose

Suppose the demand and supply for milk is described by the following equations: QD = 600 - 100P; QS = - 150 + 150P, where P is price in dollars, QD is quantity de

Q : Demand curves of monopolistic

Monopolistic competitive firms face: (w) perfectly elastic demand curves. (x) perfectly inelastic demand curves. (y) downward sloping demand curves. (z) the industry demand curves. Hello guys I want your advice. Pl

Q : Monopolistic competition in the long run

In the past 4 decades, the still increasing globalization of trade has caused the United State automobile market to evolve by: (i) highly concentrated oligopoly towards monopolistic competition. (ii) pure monopoly to pure competition. (iii) a cartel t

Q : Large numbers of potential sellers in

Features of pure competition do not comprise: (w) homogeneous products.(x large numbers of potential buyers. (y) important barriers to entry. (z) large numbers of potential sellers. Can anybody suggest me the prope

Q : Why production possibilities curve

What is the reason that production possibilities curve concave? Elucidate.

Q : Maximize profits with producing demand

An imperfectly competitive firm can’t maximize its profits through producing where demand is: (w) elastic. (x) unitarily elastic. (y) inelastic. (z) downward sloping. Can someone explain/help me with best sol

Q : Decrease in demand determinants The

The reduction in demand accompanies all of the following apart from: (i) Expectations of better accessibility or excesses. (ii) Declines in the price of substitute. (iii) Rises in the number of buyers. (iv) Negative modifications in preferences and ta

Q : Problem on implicit belief in a moral

Can someone please help me in finding out the accurate answer from the following question. Assume that when faced with the Faustian option [that is, a deal with the devil] of torturing an naive child in the interest of securing world peace and an end to global hunger,

Q : Relatively price elastic demand For

For Cournot’s Spring Water the demand is relatively price elastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

Discover Q & A

Leading Solution Library

Avail More Than 1441197 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1956163
Asked

3,689

Active Tutors

1441197

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment