Median income is the:
A) level earned by the household exactly in the middle of the national income distribution.
B) total national income divided by the total population.
C) total national income divided by the total number of households.
D) halfway point of the top quintile level of income.
Correct Answer:
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Q1: Over the last 50 years, the rich
Q2: The relative poverty line defines poverty:
A)in relation
Q3: Because the U.S. poverty line is an
Q4: Which of the following statements is true
Q5: An absolute poverty line is usually based
Q7: The poverty rate is defined as:
A)the percentage
Q8: Critics of the U.S. definition of poverty
Q9: To understand how poverty, inequality, and discrimination
Q10: Since the 1950s, the U.S. poverty rate
Q11: Critics of the U.S. definition of poverty
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