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C13 Microeconomics Online Exams 1-8 Answers (Ashworth College)

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D. reduce the wealth of the poorest Americans and increase the wealth of the richest<br />

Americans<br />

Question 27 of<br />

2.5/ 2.5 Points<br />

40<br />

The poverty rate in the United States is highest for __________ .<br />

A. married couples<br />

B. childless households<br />

C. female headed<br />

households<br />

D. single people<br />

Question 28 of<br />

2.5/ 2.5 Points<br />

40<br />

Which of the following is a main factor that explains the differences in the incomes of U.S.<br />

households?<br />

A. inheritances<br />

B. luck and<br />

misfortune<br />

C. discrimination<br />

D. all of the above<br />

Question 29 of<br />

2.5/ 2.5 Points<br />

40<br />

Suppose that we compare shares of income earned by different U.S. groups by dividing all<br />

households into five groups. Which of the following statements about the income distribution in<br />

the United States is correct?<br />

A. Shares of income remain roughly constant as we move from the lowest quintile to the highest

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