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Economics, 15/e
Campbell R. McConnell, University of Nebraska, Emeritus
Stanley L. Brue, Pacific Lutheran University
Chapter 34 Income Inequality and Poverty
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Web-Based Questions
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Web-Based Questions
- Web-Based Question: How much family income
does it take to be in the richest 5 percent? The
U.S. Census Bureau provides information on the historical distribution of
family income at www.census.gov/hhes/histinc/f01.html.
What is the lower limit of family income for the richest 5 percent of families
in the most recent year listed? Do the historical data in the table suggest
that the poor are getting poorer and the rich are getting richer in absolute
terms? Use the data at www.census.gov/hhes/histinc/f02.html
to determine whether the relative income share of the richest 5 percent of
families has increased in the past decade.
- Web-Based Question: Is poverty on the
rise or on the decline? The U.S. Census Bureau compiles information
about poverty in the United States. Use the data at www.census.gov/hhes/poverty.html
to answer the following questions:
a.Is the number of people living below the official government poverty
level higher or lower than it was in the preceding year? Than it was a decade
earlier?
b.Is the poverty rate (in percent) higher or lower than it was in
the preceding year for the general population, children under 18, blacks,
Asians, Pacific Islanders, and whites?
c.How many states had increases in the poverty rate compared to
the preceding year?
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