1.) How can changes in technology or consumer demand make itdifficult for people

Question

1.) How can changes in technology or consumer demand make itdifficult for people to get jobs? a. by making it difficult for people to buy what theywant b. by changing the number or kind of jobs available c. by creating a demand for things that are notavailable d. by making it possible for some people to work fewerhours 2.) What can happen to the economy when the level ofunemployment is very low? a. It can make it difficult for some to find jobs. b. It can create a booming economy. c. It can cause wages and prices to rise. d. It does not have a predictable effect. 3.) What is considered one cause of inflation? a. Demand and supply ate in equilibrium. b. Producers raise prices to meet increased costs. c. Employment is increased. d. Productivity is restricted in some manner. 4.) What typically happens to the inflation rate whenunemployment falls to very low levels? a. It rises. b. It falls. c. It stays the same. d. It will rise or fall but not with the unemploymentrate. 5.) If a person has money invested at 9 percent and the rateof inflation is 5 percent, how much return are they actually makingon their investment? a. 14 percent b. 9 percent c. 4 percent d. 1 percent 6.) Approximately how much total income does a family of fourneed to have to be considered above the poverty line? a. $11,275 b. $14,500 c. $16,530 d. $20,000 7.) What age group in the United States has the largestpercentageof its members living in poverty? a. children b. young adults c. the middle aged d. the elderly 8.)Which of the following is among the root causes of povertyin the United States? a. disabilities b. underemployment c. size of family d. lack of education 9.) How long can a family collect aid from the TemporaryAssistance for Needy Families program? a. as long as necessary b. a maximum of two years c. a maximum of five years d. a maximum of ten years 10.) Who are the "working poor?" a. those who cannot work b/c they have small children b. those who have jobs but do not earn enough c. those who suffer from chronic health problems d. those who cannot work b/c they are disabled

Explanation / Answer

1. b 2. c 3. b 4. a 5. c 6. poverty lineThe 2009 Poverty Guidelines for the
48 Contiguous States and the District of Columbia So none of your choices apply for this year. Assuming thequestion relates to recent time it must be d 7. a 8. d 9. c 10. b Persons in family Poverty guideline 1 $13,530 2 18,210 3 22,890 4 27,570

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