7. Study Questions and Problems #7 Use the following exhibit to answer the following two questions. 1959 1970 Official Poverty Rate for All Persons 22% 1975 1980 1985 13% 12% 13% 14% 1990 1995 14% 14% 2000 2005 2010 2015 11% 13% 15% 14% Source: U.S. Bureau of the Census, Income and Poverty in the United States, Census.gov.. What percentage of families in the United States were classified as in poverty in 2020? ○ 12% ○ 13% 11% ○ 15% Use the following exhibit to answer the next two questions. Characteristic Region South West Midwest Northeast Type of Family Headed by married couple Headed by male, no spouse present Headed by female, no spouse present Education of Household Head No high school diploma High school diploma, no college Bachelor's degree or more Percentage Below the Poverty Line 13% 11 10 10 5 11 23 25 13 4 Source: "U.S. Bureau of the Census, "Income and Poverty in the United States.census.gov Tables B-1 and B-2.." True or False: The South was the region with the lowest poverty rate in 2020. O True O False The education level of the household heads with the lowest poverty rate in 2020 was 7. Study Questions and Problems #7 Use the following exhibit to answer the following two questions. 1959 1970 1975 Poverty Rate for All Persons 22% 13% 12% 1980 1985 13% 1990 14% 14% 1995 14% 11% 2000 2005 2010 2015 13% 2020 15% 14% 11% I.S. Bureau of the Census, Income and Poverty in the United States, Census.gov.. What percentage of families in the United States were classified as in poverty in 2020? ○ 12% ○ 13% O 11% ○ 15% Use the following exhibit to answer the next two questions. Characteristic Region South West Midwest Northeast Type of Family Headed by married couple Headed by male, no spouse present Headed by female, no spouse present Education of Household Head No high school diploma High school diploma, no college Percentage Below the Poverty Line 13% 11 10 10 5 11 23 25 13 4 Bachelor's degree or more Source: "U.S. Bureau of the Census, "Income and Poverty in the United States census.gov Tables B-1 and B-2.." True or False: The South was the region with the lowest poverty rate in 2020. True O False a high school diploma but no college no high school diploma The education level of the household heads with the lowest poverty rate in 2020 was a bachelor's degree or more

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Income Inequality And Poverty
Section: Chapter Questions
Problem 2CQQ
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7. Study Questions and Problems #7
Use the following exhibit to answer the following two questions.
1959
1970
Official Poverty Rate for All Persons 22%
1975 1980 1985
13% 12% 13% 14%
1990 1995
14% 14%
2000 2005 2010 2015
11% 13% 15% 14%
Source: U.S. Bureau of the Census, Income and Poverty in the United States, Census.gov..
What percentage of families in the United States were classified as in poverty in 2020?
○ 12%
○ 13%
11%
○ 15%
Use the following exhibit to answer the next two questions.
Characteristic
Region
South
West
Midwest
Northeast
Type of Family
Headed by married couple
Headed by male, no spouse present
Headed by female, no spouse present
Education of Household Head
No high school diploma
High school diploma, no college
Bachelor's degree or more
Percentage Below the Poverty Line
13%
11
10
10
5
11
23
25
13
4
Source: "U.S. Bureau of the Census, "Income and Poverty in the United States.census.gov Tables B-1 and B-2.."
True or False: The South was the region with the lowest poverty rate in 2020.
O True
O False
The education level of the household heads with the lowest poverty rate in 2020 was
Transcribed Image Text:7. Study Questions and Problems #7 Use the following exhibit to answer the following two questions. 1959 1970 Official Poverty Rate for All Persons 22% 1975 1980 1985 13% 12% 13% 14% 1990 1995 14% 14% 2000 2005 2010 2015 11% 13% 15% 14% Source: U.S. Bureau of the Census, Income and Poverty in the United States, Census.gov.. What percentage of families in the United States were classified as in poverty in 2020? ○ 12% ○ 13% 11% ○ 15% Use the following exhibit to answer the next two questions. Characteristic Region South West Midwest Northeast Type of Family Headed by married couple Headed by male, no spouse present Headed by female, no spouse present Education of Household Head No high school diploma High school diploma, no college Bachelor's degree or more Percentage Below the Poverty Line 13% 11 10 10 5 11 23 25 13 4 Source: "U.S. Bureau of the Census, "Income and Poverty in the United States.census.gov Tables B-1 and B-2.." True or False: The South was the region with the lowest poverty rate in 2020. O True O False The education level of the household heads with the lowest poverty rate in 2020 was
7. Study Questions and Problems #7
Use the following exhibit to answer the following two questions.
1959
1970
1975
Poverty Rate for All Persons
22%
13%
12%
1980 1985
13%
1990
14%
14%
1995
14%
11%
2000 2005 2010 2015
13%
2020
15% 14%
11%
I.S. Bureau of the Census, Income and Poverty in the United States, Census.gov..
What percentage of families in the United States were classified as in poverty in 2020?
○ 12%
○ 13%
O 11%
○ 15%
Use the following exhibit to answer the next two questions.
Characteristic
Region
South
West
Midwest
Northeast
Type of Family
Headed by married couple
Headed by male, no spouse present
Headed by female, no spouse present
Education of Household Head
No high school diploma
High school diploma, no college
Percentage Below the Poverty Line
13%
11
10
10
5
11
23
25
13
4
Bachelor's degree or more
Source: "U.S. Bureau of the Census, "Income and Poverty in the United States census.gov Tables B-1 and B-2.."
True or False: The South was the region with the lowest poverty rate in 2020.
True
O False
a high school diploma but no college
no high school diploma
The education level of the household heads with the lowest poverty rate in 2020 was
a bachelor's degree or more
Transcribed Image Text:7. Study Questions and Problems #7 Use the following exhibit to answer the following two questions. 1959 1970 1975 Poverty Rate for All Persons 22% 13% 12% 1980 1985 13% 1990 14% 14% 1995 14% 11% 2000 2005 2010 2015 13% 2020 15% 14% 11% I.S. Bureau of the Census, Income and Poverty in the United States, Census.gov.. What percentage of families in the United States were classified as in poverty in 2020? ○ 12% ○ 13% O 11% ○ 15% Use the following exhibit to answer the next two questions. Characteristic Region South West Midwest Northeast Type of Family Headed by married couple Headed by male, no spouse present Headed by female, no spouse present Education of Household Head No high school diploma High school diploma, no college Percentage Below the Poverty Line 13% 11 10 10 5 11 23 25 13 4 Bachelor's degree or more Source: "U.S. Bureau of the Census, "Income and Poverty in the United States census.gov Tables B-1 and B-2.." True or False: The South was the region with the lowest poverty rate in 2020. True O False a high school diploma but no college no high school diploma The education level of the household heads with the lowest poverty rate in 2020 was a bachelor's degree or more
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