Which of the following statements is most accurate about ownership of household goods, such as flush toilets, refrigerators, televisions, clothes dryers and automobiles?
a. In 2005, very few officially poor Americans owned these goods.
b. The same proportion of Americans who were officially poor owned these goods in 2005 in comparison to 1950 . The proportion of officially poor Americans who owned these goods in 2005 was equal to the proportion of all households who owned these goods in 1950.
c. A higher proportion of poor Americans owned these goods in 2005 compared to the proportion of all U.S. households who owned these goods in 1950.
d. The proportion of Americans at the poverty level who owned these goods in 2005 was exactly double the proportion of all households who owned these goods in 1950.
Question 2
Which of the following is true about present day Americans who are at the official poverty level?
a. Their incomes are about the same as the average per capita income in most of the developed nations of the world..
b. Their incomes are about half of the average world income.
c. Their incomes are far higher than the average per capita income in most of the rest of the world.
d. Their incomes are almost equal to the average income of people in nations like China, India, and Pakistan.
Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
Parents who grew up in dual-earner families are more apt to share household tasks equally than those ...
Shippers Declaration for Dangerous Goods
Lone-parent household income and the degree of vulnerability
High stress, by household type (age-standardized), age 18+, Canada, 1994-1995
Draw an Edgeworth box for two consumers over two goods