Question 1

Exhibit 12-8 Negative income tax for a family

Under the negative income tax shown in Exhibit 12-8, what cash payment would a family with no earned income receive from the government?

Accepted Answer

The answer of Exhibit 12-8 Negative income tax for a...

Question 2

Which of the following statements is true ?

Accepted Answer

The answer of Which of the following statements is true...

Question 3

Which of the following is a result of discrimination?

Accepted Answer

The answer of Which of the following is a result...

Question 4

Describe the advantages that a negative income tax has over other programs that have the same purpose.

Accepted Answer

The answer of Describe the advantages that a negative income...

Question 5

Consider a law that limits women's access to certain "dangerous" occupations like coal mining and military combat service. Such a law would likely reduce women's wages because:

Accepted Answer

By limiting women's access to certain occupations, the labor supply in female-intensive occupations would increase, leading to a potentially oversaturated market of female workers. This oversupply of labor would drive down wages for women both in the dangerous occupations they are prohibited from and in the female-intensive occupations where competition for jobs would increase.

Question 6

If there is employment discrimination against minorities, this will cause the:

Accepted Answer

If there is employment discrimination against minorities, the demand for their services will decline as employers may hire individuals based on their race instead of their qualifications. This will lead to a surplus of labor, causing their wages to fall. The supply of their services may also decrease if individuals are discouraged from entering the labor force due to discrimination. However, the impact on supply may not be as significant as the impact on demand.

Question 7

Comparable worth is the principle that:

Accepted Answer

Comparable worth is the principle that employees who perform jobs that are of comparable value to the employer should receive the same compensation, regardless of differences in the jobs themselves.

Question 8

The incentive to work is an ingredient of the negative income tax because:

Accepted Answer

The negative income tax provides an incentive to work because the more income a family earns through employment, the higher their after-tax income will be. This is because the negative income tax provides a supplement to a family's income, which decreases as their earned income increases. Therefore, families have a motivation to work and earn more income to improve their financial situation.

Question 9

Under a negative income tax program,

Accepted Answer

A negative income tax program is designed to ensure that individuals or families receive a guaranteed minimum level of income from the government. If their income falls below a certain threshold, the government supplements it to reach the minimum level.

Question 10

Exhibit 12-8 Negative income tax for a family

In Exhibit 12-8, consider a family that earns less than the break-even income level. For each $1 of earned income, this family's government payment will be reduced by:

Accepted Answer

The answer of Exhibit 12-8 Negative income tax for a...

Question 11

Consider a labor market in which employers discriminate against African Americans. Comparing the labor market equilibrium with no discrimination to the equilibrium with discrimination,

Accepted Answer

Discrimination typically results in lower wages for African American workers compared to a non-discriminatory market. Without discrimination, African American workers would receive higher wages.

Question 12

Some people believe that employees should be paid the same wages when their jobs, although different, require similar levels of education, training, experience, and responsibility. This principle is known as:

Accepted Answer

The principle described in the question is known as comparable worth. It proposes that employees should be paid equally when their jobs require similar levels of education, training, experience, and responsibility, regardless of whether the jobs are traditionally male-dominated or female-dominated. This principle is based on the idea that women have historically been paid less than men for doing comparable work and seeks to eliminate gender-based pay discrimination.

Question 13

Exhibit 12-9 Negative Income Tax

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As shown in Exhibit 12-9, a family of four does not pay income taxes at:

Accepted Answer

As shown in the chart, the negative income tax ensures that a family of four does not pay any income taxes for any income between zero and $20,000. Therefore, option B is the correct choice.

Question 14

Describe the comparable worth controversy?

Accepted Answer

The answer of Describe the comparable worth controversy?...

Question 15

Which of the following might decrease the supply curve of labor?

Accepted Answer

Increasing discrimination against any group can decrease the supply curve of labor by limiting the number of individuals who are able or willing to work in certain industries or positions, effectively reducing the overall labor supply.

Question 16

Exhibit 12-9 Negative Income Tax

​
As shown in Exhibit 12-9, a family of four with an income of $20,000 receives ____ from the government:

Accepted Answer

The answer of Exhibit 12-9 Negative Income Tax

​
As shown in...

Question 17

A negative income tax system would provide all households, including the poor, with:

Accepted Answer

The answer of A negative income tax system would provide...

Quiz 12: Income Distribution Poverty and Discrimination

Exhibit 12-8 Negative income tax for a family Under the negative income tax shown in Exhibit 12-8, what cash payment would a family with no earned income receive from the government?

Which of the following statements is true ?

Which of the following is a result of discrimination?

Describe the advantages that a negative income tax has over other programs that have the same purpose.

Consider a law that limits women's access to certain "dangerous" occupations like coal mining and military combat service. Such a law would likely reduce women's wages because:

If there is employment discrimination against minorities, this will cause the:

Comparable worth is the principle that:

The incentive to work is an ingredient of the negative income tax because:

Under a negative income tax program,

Exhibit 12-8 Negative income tax for a family In Exhibit 12-8, consider a family that earns less than the break-even income level. For each $1 of earned income, this family's government payment will be reduced by:

Consider a labor market in which employers discriminate against African Americans. Comparing the labor market equilibrium with no discrimination to the equilibrium with discrimination,

Some people believe that employees should be paid the same wages when their jobs, although different, require similar levels of education, training, experience, and responsibility. This principle is known as:

Exhibit 12-9 Negative Income Tax As shown in Exhibit 12-9, a family of four does not pay income taxes at:

Describe the comparable worth controversy?

Which of the following might decrease the supply curve of labor?

Exhibit 12-9 Negative Income Tax As shown in Exhibit 12-9, a family of four with an income of $20,000 receives ____ from the government:

A negative income tax system would provide all households, including the poor, with:

Quiz 12: Income Distribution Poverty and Discrimination

Exhibit 12-8 Negative income tax for a family Under the negative income tax shown in Exhibit 12-8, what cash payment would a family with no earned income receive from the government?

Which of the following statements is true ?

Which of the following is a result of discrimination?

Describe the advantages that a negative income tax has over other programs that have the same purpose.

Consider a law that limits women's access to certain "dangerous" occupations like coal mining and military combat service. Such a law would likely reduce women's wages because:

If there is employment discrimination against minorities, this will cause the:

Comparable worth is the principle that:

The incentive to work is an ingredient of the negative income tax because:

Under a negative income tax program,

Exhibit 12-8 Negative income tax for a family In Exhibit 12-8, consider a family that earns less than the break-even income level. For each $1 of earned income, this family's government payment will be reduced by:

Consider a labor market in which employers discriminate against African Americans. Comparing the labor market equilibrium with no discrimination to the equilibrium with discrimination,

Some people believe that employees should be paid the same wages when their jobs, although different, require similar levels of education, training, experience, and responsibility. This principle is known as:

Exhibit 12-9 Negative Income Tax ​ As shown in Exhibit 12-9, a family of four does not pay income taxes at:

Describe the comparable worth controversy?

Which of the following might decrease the supply curve of labor?

Exhibit 12-9 Negative Income Tax ​ As shown in Exhibit 12-9, a family of four with an income of $20,000 receives ____ from the government:

A negative income tax system would provide all households, including the poor, with:

Exhibit 12-9 Negative Income Tax As shown in Exhibit 12-9, a family of four does not pay income taxes at:

Exhibit 12-9 Negative Income Tax As shown in Exhibit 12-9, a family of four with an income of $20,000 receives ____ from the government: