11. The factor most influencing the number of people in poverty and the incidenc
ID: 1104973 • Letter: 1
Question
11. The factor most influencing the number of people in poverty and the incidence of poverty is
whether the economy is dominated by another economy.
having a progressive tax structure.
the size of the federal deficit.
the general health of the economy.
the level of the minimum wage law.
9. Which of the following statements is true?
a. Raising the minimum wage is the best way to lift families out of poverty.
b. Households in the bottom income quintile are very likely to remain there throughout their lives.
c. Because the U.S. has a progressive income tax, the bottom 50% of federal income tax filers pays only 30% of federal income taxes.
d. All of the above are true.
e. None of the above are true.
Explanation / Answer
11. The right option is : the general health of the economy.
Explanation: The general health of the economy affects the per capita income, employment level, output etc. of an economy which reflects the level of poverty and number of poor in a country. The better the general health of an economy, the less is the number of poor.
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