As income transfer programs accompanying the War on Poverty increased beginning in the latter half of the 1960s, what happened to poverty in the United States? Check all that apply. O The adjusted poverty rate has declined rapidly and is now less than half of the official poverty rate. O The poverty rate declined substantially in the period before the War on Poverty, but not in the period after the start of the War on Poverty. In 2018, the adjusted poverty rate was only 4 percentage points lower than the official rate in 1970. O The War on Poverty has been largely ineffective in reducing the rate of poverty in the United States.

What role might discrimination play in accounting for income inequality? Draw a curve that shows what happens if this group of workers is discriminated against. Label it. Draw a point to indicate the new equilibrium wage rate and employment level. Choose the correct statement. O A. Discrimination causes the wage differences between white men and white women. O B. Wage differences between different groups as a result of discrimination can act as an incentive to encourage people who are prejudiced to buy from the people against whom they are prejudiced. O C. Discrimination causes the wage differences between black men and white men. O D. Economists agree that prejudice causes all wage differentials between different groups of people. 80- 70- 60- 50 40- 30- 20- 10- Wage rate (thousands of dollars per year) 40 0+ 0.0 $2.0 2.0 Workers (thousands) >>> Draw only the objects specified in the question. 1.0 S 3.0 VMP Q 4.0

The FGT0 measure does not reflect the depth of poverty below the poverty line. [6] (i) Suggest a specific income transfer within this economy that demonstrates this limitation of FGT0.    Take $1 from person 2 and give it to person 4. This makes person 2 poorer in absolute terms, but does not change FGT0.  (ii) Compute FGT0 after the transfer.    Still 3/6.  (iii)Discuss why this feature limits how useful FGT0 is as a measure of poverty.    FGT0 is not able to capture changes among the poor. For example, the desperately poor could become much better off and, as long as they weren’t so much better off that they cross the poverty line, we would see no improvement in poverty as measured by FGT0.

If the Gini coefficient of a nation in 1980 was 0.50 and in 2020 it was 0.40, the nation's O income inequality is less in 2020 O income inequality is more in 2020 O tax system is less progressive in 2020 O tax system is more progressive in 2020