Income, Poverty and Health Care MCQs
Income, Poverty and Health Care MCQs
Answer these 20 Income, Poverty and Health Care MCQs and see how sharp is your knowledge of Income, Poverty and Health Care.
Scroll down and let's start!
1: Cash transfers are _____payments such as welfare,Social Security, and unemployment compensation.
A. Direct cash
B. Credit card
C. Debit card
D. Loan
2: A welfare program that allows the working poor to receive income refunds that can be _____than the taxes they paid during the last year is called Earned income tax credit.
A. Greater
B. Lesser
C. Medial
D. Neutral
3: In-kind transfers are transfers in the form of services and goods rather than_____.
A. Money
B. Tax
C. Subsidy
D. None of the above
4: Job-entry discrimination is when a person is ______ employment on the basis of some biological features.
A. Denied
B. Granted
C. Blacklisted
D. None of the above
5: Means-tested income transfer programs are dependent on _____.
A. Low income
B. High tax
C. Custom duty
D. None of above
6: Poverty line is a set of money income thresholds to detect______.
A. Poor
B. Rich
C. Fraudsters
D. Tax defaulters
7: The percentage of the population who fall below the poverty line is called_____.
A. Poverty rate
B. Gross income
C. Import rate
D. Export rate
8: SSI is a welfare program for the most needy,elderly ,disabled and _____.
A. Blind
B. Deaf
C. Handicap
D. Limbless
9: Temporary Assistance for Needy Families (TANF) is for _____.A welfare program designed to help families that have few financial resources
A. Needy
B. Rich
C. Influential
D. Political.
10: Wage discrimination phenomenon is ethical.
A. True
B. False
11: The Lorenz curve shows the distribution of ______.
A. Poverty
B. Tax revenues
C. Health care costs
D. Income
12: Goods and services given to assist people instead of money are known as ______.
A. In-kind transfers
B. Deductibles
C. Information costs
D. Moral hazards
13: Income inequality tends to be most pronounced in ______.
A. North America
B. Northern Europe
C. Developing countries
D. Developed countries
14: The principle of diminishing marginal utility is used to justify ______.
A. Income inequality
B. Income redistribution
C. Age discrimination
D. Racial discrimination
15: Economists assume that interpersonal utility comparisons are ______.
A. Impossible
B. Simple
C. Mandatory
D. Accurate
16: Total equality of family income would hurt ______ the most.
A. A single mother of one
B. A married couple
C. A single man with no children
D. A family with nine children
17: When a worker is given employment at a wage lower than that of other workers, based on something other than productivity, it is known as ______.
A. Wage discrimination
B. Job-entry discrimination
C. Moral hazard
D. The Lorenz Curve
18: Women make up about ______ of the U.S. workforce.
A. 1/10
B. 1/4
C. 1/2
D. 3/4
19: When Orlando started his cleaning service, he hired five women and five men. Several of the men performed poorly, but most of the women did a good job. Now, whenever Orlando is looking to hire new workers, he saves himself some time and money by hiring more women. Orlando is discriminating in order to ______.
A. Reduce racial bias
B. Hire the best available workers
C. Reduce information costs
D. Pay lower wages
20: The federal poverty line is about ______ for a family of four.
A. $5,000
B. $25,000
C. $50,000
D. $75,000
21: The poverty rate fell steadily during the ______.
A. 1960s
B. 1970s
C. 1980s
D. 1990s
22: In 2018, the highest marginal tax rate was ______.
A. 24%
B. 32%
C. 37%
D. 57%
23: The federal income tax system levies ______.
A. Lower marginal taxes on higher incomes
B. Higher marginal taxes on higher incomes
C. Equal marginal tax rates on all incomes
D. Higher marginal tax rates on lower incomes
24: In the United States, consumers pay about ______ of health care costs out of pocket.
A. 80%
B. 50%
C. 10%
D. 20%
25: By 2060, what fraction of the U.S. population will be over age 65?
A. Less than 1/10
B. About 1/4
C. About 1/2
D. Over 3/4
List of Income, Poverty and He...
Available in:
Income, Poverty and Health Care MCQs
