Question 1

The percent of population that experiences transient poverty at some point in their lives is:

Accepted Answer

According to research, more than 25 percent of the population experiences transient poverty at some point in their lives. This means that at least one in four individuals will experience poverty at some point, but it does not necessarily mean they will remain in poverty permanently.

Question 2

In 2008,the number of people living in the world on less than $1.25 a day was:

Accepted Answer

In 2008, it was estimated that just over a fifth of the world's population lived on less than $1.25 a day, according to World Bank data on global poverty.

Question 3

More than a quarter of the population experiences ________ poverty at some point in their lives,perhaps due to losing a job or experiencing sickness or injury.

Accepted Answer

Transient poverty refers to a temporary state of poverty that individuals may experience due to certain circumstances such as job loss, sickness or injury. It is estimated that more than a quarter of the population experiences this type of poverty at some point in their lives. Abject poverty refers to extreme poverty where individuals cannot meet their basic needs. Chronic poverty refers to long-term poverty that persists over an extended period. None of these descriptions fit the context mentioned in the question.

Question 4

Those who are chronically poor are defined as those who spend:

Accepted Answer

The answer of Those who are chronically poor are defined...

Question 5

Research shows programs like unemployment insurance,disability or health insurance,and job training can be effective in fighting:

Accepted Answer

The answer of Research shows programs like unemployment insurance,disability or...

Question 6

Between 1960 and 1995,Social Security benefits:

Accepted Answer

Social Security benefits increased during this period, which helped to reduce the poverty rate among the elderly. This is because Social Security provides a guaranteed income stream to retirees, helping to supplement their retirement savings or other sources of income, and lift many out of poverty. In fact, Social Security benefits are the single most important source of income for elderly Americans, providing them with a measure of financial security and stability throughout their retirement years.

Question 7

The international poverty line at $1.25 a day at purchasing power parity means that in each country the poverty line is the amount that will allow you to buy a basket of goods equivalent to what $1.25 would buy:

Accepted Answer

The international poverty line at $1.25 a day at purchasing power parity is based on what $1.25 would buy in the United States, as it serves as a reference point for comparing poverty across different countries.

Question 8

Today black and Hispanic Americans have poverty rates:

Accepted Answer

Black and Hispanic Americans have poverty rates that are approximately twice as high as those of white Americans, reflecting ongoing economic disparities.

Question 9

In the United States today,households headed by single women are more likely to be poor than:

Accepted Answer

Research shows that households headed by single women, regardless of race or ethnicity, are more likely to face poverty than households headed by white males, black males, or Hispanic males. Therefore, all of the choices are true.

Question 10

The greatest number of people who live on $1.25 a day live in:

Accepted Answer

South Asia has historically had a large population living below the poverty line, and it includes countries like India, which has a significant number of people living on $1.25 a day.

Question 11

An effective program used to fight transient poverty is:

Accepted Answer

Unemployment insurance provides financial support to individuals who have lost their jobs and can help prevent them from falling into poverty. Health insurance can protect individuals and families from the large medical bills that can lead to poverty. Job training can equip individuals with the skills needed to obtain better-paying, more stable employment. Combining all three of these programs can be an effective way to fight transient poverty.

Question 12

Those who are considered the transient poor are defined as those who spend:

Accepted Answer

The transient poor are typically defined as those who experience poverty for a short period, such as at least two consecutive months within a year.

Question 13

The PPP index:

Accepted Answer

The PPP (purchasing power parity) index measures the overall difference in prices between countries, taking into account the relative cost of living and inflation rates. It allows for a more accurate comparison of economic indicators such as GDP and standard of living between countries.

Question 14

Between 1960 and 1995,Social Security benefits:

Accepted Answer

The answer of Between 1960 and 1995,Social Security benefits:
...

Question 15

Research suggests that about ______ percent of people living under the poverty line in any given year are chronically poor.

Accepted Answer

The answer of Research suggests that about ______ percent of...

Question 16

Economists collect data on prices in every country and develop an index that describes the overall difference in prices between countries called the:

Accepted Answer

The purchasing power parity index measures the overall difference in prices between countries by taking into account the relative prices of goods and services in different countries. This index allows for comparisons of living standards and helps economists understand differences in economic development and growth rates between countries. The other options (B, C, and D) either do not accurately describe this concept or are not commonly used in the field of economics.

Question 17

The most common international poverty measure is:

Accepted Answer

The most common international poverty measure is the number of people living on less than $1.25 per day, as defined by the World Bank. This measure is used by many international organizations to track progress in reducing poverty and to allocate resources to countries in need.

Question 18

U.S.households headed by __________ are the most likely to be poor.

Accepted Answer

According to statistics, households headed by single women have the highest poverty rate at 28.5%, followed by households headed by single men at 18.6%. This could be due to factors such as wage discrimination, lack of paid maternity leave, and the challenge of raising children alone.

Question 19

Today the greatest number of poor is _________ Americans,but the poverty rate for __________ is higher.

Accepted Answer

The greatest number of poor people in the U.S. are white, but the poverty rates are higher for black and Hispanic populations.

Question 20

The highest percentage of people who live on less than $1.25 a day live in:

Accepted Answer

According to recent data from the World Bank, sub-Saharan Africa has the highest percentage of people living on less than $1.25 a day, with 41.1% of the population living in extreme poverty. South Asia has 15.9% and China has only 0.7%.

Quiz 21: Poverty, Inequality, and Discrimination

The percent of population that experiences transient poverty at some point in their lives is:

In 2008,the number of people living in the world on less than $1.25 a day was:

More than a quarter of the population experiences ________ poverty at some point in their lives,perhaps due to losing a job or experiencing sickness or injury.

Those who are chronically poor are defined as those who spend:

Research shows programs like unemployment insurance,disability or health insurance,and job training can be effective in fighting:

Between 1960 and 1995,Social Security benefits:

The international poverty line at $1.25 a day at purchasing power parity means that in each country the poverty line is the amount that will allow you to buy a basket of goods equivalent to what $1.25 would buy:

Today black and Hispanic Americans have poverty rates:

In the United States today,households headed by single women are more likely to be poor than:

The greatest number of people who live on $1.25 a day live in:

An effective program used to fight transient poverty is:

Those who are considered the transient poor are defined as those who spend:

The PPP index:

Between 1960 and 1995,Social Security benefits:

Research suggests that about ______ percent of people living under the poverty line in any given year are chronically poor.

Economists collect data on prices in every country and develop an index that describes the overall difference in prices between countries called the:

The most common international poverty measure is:

U.S.households headed by __________ are the most likely to be poor.

Today the greatest number of poor is _ Americans,but the poverty rate for __ is higher.

The highest percentage of people who live on less than $1.25 a day live in: