微觀經(jīng)濟(jì)學(xué)(帕金11版)課后習(xí)題解答：chapter 19 Economic Inequality

1、Economics, 11e, Global Edition (Parkin) Chapter 19 Economic Inequality1 Economic Inequality in the United States1) Market income is A) profit earned in factor markets.B) interest earned in factor markets.C) wages, interest, rent, and profit earned in factor markets.D) wages, interest, rent, and prof

2、it earned in factor markets plus cash payments made to households by government.Answer: CTopic: Market IncomeSkill: DefinitionStatus: OldAACSB: Analytical Skills2) Market income isA) wage, interest, rent, and profit earned in factor markets.B) wage income.C) wage and salary income.D) money income.An

3、swer: ATopic: Money IncomeSkill: DefinitionStatus: OldAACSB: Analytical Skills3) Money income is A) market income plus cash payments from government.B) equal to market income.C) market income plus cash payments from government minus taxes.D) market income minus taxes.Answer: ATopic: Money IncomeSkil

4、l: DefinitionStatus: OldAACSB: Analytical Skills4) The mode household income isA) the income that separates households into two equal groups.B) the most common household income.C) the mean household income.D) the average household income.Answer: BTopic: Mode IncomeSkill: DefinitionStatus: OldAACSB:

5、Analytical Skills5) Mode income is A) the most common income.B) the average income.C) the middle income level.D) the same as money income.Answer: ATopic: Mode IncomeSkill: DefinitionStatus: OldAACSB: Analytical Skills6) The median household income isA) the income that separates households into two e

6、qual groups.B) the most common household income.C) the mean household income.D) the average household income.Answer: ATopic: Median IncomeSkill: DefinitionStatus: OldAACSB: Analytical Skills7) The mean household income isA) the income that separates households into two equal groups.B) the most commo

7、n household income.C) the percentage of total income received by the richest 20 percent of households.D) the average household income.Answer: DTopic: Mean IncomeSkill: DefinitionStatus: OldAACSB: Analytical Skills8) In the United StatesA) there are more households with incomes below the mean income

8、than above the mean income.B) there are more households with incomes above the mean income than below the mean income.C) the mode income equals the mean income.D) the income distribution is bell shaped.Answer: ATopic: Economic Inequality in the United StatesSkill: ConceptualStatus: OldAACSB: Analyti

9、cal Skills9) In the United StatesA) less; moreB) greater; moreC) greater; fewerD) less; fewerAnswer: ATopic: Economic Inequality in the United StatesSkill: ConceptualStatus: OldAACSB: Analytical Skills10) The distribution of income in the United States is characterized by the following relationship

10、between the mean, median, and mode incomes:A) mean income median income mode income.B) mode income median income mean income.C) median income mean income mode income.D) mode income mean income median income.Answer: BTopic: Distribution of IncomeSkill: ConceptualStatus: OldAACSB: Analytical Skills11)

11、 The distribution of income in the United States is skewed so that the mode level of household income is _ the median household income and the median household income is _ than the mean household income.A) less than; less thanB) less than; greater thanC) greater than; greater thanD) greater than; le

12、ss thanAnswer: ATopic: Distribution of IncomeSkill: ConceptualStatus: OldAACSB: Analytical Skills12) The income distribution in the United States isA) positively skewed.B) negatively skewed.C) bell-shapedD) uniform.Answer: ATopic: Distribution of IncomeSkill: ConceptualStatus: OldAACSB: Analytical S

13、kills13) The distribution of U.S. income is not bell-shaped becauseA) there are more households with incomes below the mean income than above the mean income.B) there are more households with incomes above the mean income than below the mean income.C) the mode income equals the mean income.D) the in

14、come distribution is bell shaped.Answer: ATopic: Distribution of IncomeSkill: ConceptualStatus: OldAACSB: Analytical Skills14) In the United States, the percentage of households that have incomes below the mean income isA) 50 percent.B) less than 50 percent.C) more than 50 percent.D) 0 percent.Answe

15、r: CTopic: Distribution of IncomeSkill: ConceptualStatus: OldAACSB: Analytical Skills15) In the United States the richest 20 percent of households receive about _ of total income.A) 10 percentB) 20 percentC) 50 percentD) 80 percentAnswer: CTopic: Economic Inequality in the United StatesSkill: Concep

16、tualStatus: OldAACSB: Analytical Skills16) In the United States the poorest 20 percent of households receive about _ of total income.A) 1 percentB) 4 percentC) 10 percentD) 15 percentAnswer: BTopic: Economic Inequality in the United StatesSkill: ConceptualStatus: OldAACSB: Analytical SkillsPercent o

17、f households (percent)Percent of income (percent)Lowest 2015Second 2015Third 2020Fourth 2020Highest 203017) An economy has the income shares information in the table above. Which of the following is true?A) The information in the table represents the income distribution in the United States.B) Incom

18、e in the U.S. economy is more equally distributed than that represented in the table.C) Income in the U.S. economy is less equally distributed than that represented in the table.D) The information in the table represents the wealth distribution in the United States.Answer: CTopic: Economic Inequalit

19、y in the United StatesSkill: ConceptualStatus: OldAACSB: Analytical Skills18) As a tool that is used to measure inequality in the distribution of income, the Lorenz curve graphsA) the cumulative percentage of income against the cumulative percentage of households.B) the percentage of total income re

20、ceived by each given percentage of households.C) the mean income, median income, and mode income against the percentage of households.D) the mean income received by households over time.Answer: ATopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills19) The Lorenz curve graphs theA)

21、cumulative percentage of spending against the cumulative percentage of households.B) marginal percentage of income against the marginal percentage of households.C) cumulative percentage of income against the cumulative percentage of households.D) cumulative percentage of spending against the margina

22、l percentage of households.Answer: CTopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills20) A Lorenz curve graphs theA) percentage of income or wealth against the percentage of households.B) cumulative percentage of income or wealth against the cumulative percentage of households.

23、C) cumulative value of income against the cumulative percentage of households.D) percentage of wealth against the percentage of income.Answer: BTopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills21) A Lorenz curve measuresA) the benefits received through welfare programs.B) the a

24、ctual income distribution and compares it to an equal income distribution.C) the degree to which income taxes are regressive.D) the effect of flat taxes on income distribution.Answer: BTopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills22) A Lorenz curve can be used to illustrate

25、A) the supply of labor.B) the substitution effect.C) the income effect.D) the distribution of income.Answer: DTopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills23) The Lorenz curveA) explains why some households have different incomes.B) explains why income is equally distribute

26、d.C) graphically shows the degree of income inequality.D) graphically shows the amount of wealth in a country.Answer: CTopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills24) From left to right, the horizontal axis of the Lorenz curve ranks households fromA) smallest to largest.B)

27、 largest to smallest.C) poorest to richest.D) richest to poorest.Answer: CTopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills25) Country A has a more equal distribution of income than country B ifA) country As Lorenz curve is closer to the line of equality than is country Bs Lore

28、nz curve.B) country Bs Lorenz curve is closer to the line of equality than is country As Lorenz curve.C) country As Lorenz curve is just as close to the line of equality as is country Bs Lorenz curve.D) None of the above because it is impossible to compare income inequalities across countries.Answer

29、: ATopic: Lorenz CurveSkill: DefinitionStatus: OldAACSB: Analytical Skills26) The farther the Lorenz curve for income is from the line of equality, the more _ is distributed.A) equally wealthB) unequally incomeC) unequally wealthD) equally incomeAnswer: BTopic: Lorenz CurveSkill: DefinitionStatus: O

30、ldAACSB: Analytical Skills27) If a Lorenz curve for a countrys income bows more rightward over time, then the countrysA) income is increasing.B) income is decreasing.C) income is becoming more unequally distributed.D) income is becoming more equally distributed.Answer: CTopic: Lorenz CurveSkill: Def

31、initionStatus: OldAACSB: Analytical Skills28) If a Lorenz curve for income moves rightward and becomes more bowed out over time, thenA) the population is growing.B) income is growing.C) income is being more equally distributed.D) income is being more unequally distributed.Answer: DTopic: Lorenz Curv

32、eSkill: ConceptualStatus: OldAACSB: Analytical Skills29) If a Lorenz curve moves leftward and becomes closer to the line of equality over time, thenA) the population is growing.B) income is growing.C) income is being more equally distributed.D) income is being more unequally distributed.Answer: CTop

33、ic: Lorenz CurveSkill: ConceptualStatus: OldAACSB: Analytical SkillsGroupPercent of incomePercent of wealthPoorest 20%50Poorest 40%152Poorest 60%305Poorest 80%551030) The above table shows the distribution of income and wealth in Miseria. What percent of income is earned by the richest twenty percen

34、t?A) 5 percentB) 20 percentC) 45 percentD) 55 percentAnswer: CTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills31) The above table shows the distribution of income and wealth in Miseria. What percent of income is earned by the richest 40 percent of the population?A) 20 percentB

35、) 30 percentC) 55 percentD) 70 percentAnswer: DTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills32) The above table shows the distribution of wealth and income for Miseria. What percent of the wealth is owned by the wealthiest twenty percent of the population?A) 0 percentB) 2 p

36、ercentC) 5 percentD) 83 percentAnswer: DTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills33) The above table shows the distribution of wealth and income for Miseria. What percent of wealth is owned by the poorest forty percent of the population?A) 0 percentB) 2 percentC) 5 perc

37、entD) 10 percentAnswer: BTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills34) The above table shows the distribution of wealth and income in Miseria. What percent of wealth is owned by the poorest twenty percent?A) 0 percentB) 2 percentC) 3 percentD) 5 percentAnswer: ATopic: Lo

38、renz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills35) The above table shows the distribution of wealth and income in Miseria. The Lorenz curve for wealth wouldA) be parallel to the line of equality.B) lie to the left of the Lorenz curve for income.C) become flatter when moving from left

39、to right.D) intersect the horizontal axis at twenty percent.Answer: DTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills36) The above table shows the distribution of wealth and income in Miseria. The Lorenz curve for wealth wouldA) intersect the horizontal axis at 100 percent.B)

40、bow outward more to the right than does the Lorenz curve for income.C) lie parallel to the line of equality.D) become flatter as one moves from left to right.Answer: BTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills37) The above table shows the distribution of wealth and incom

41、e in Miseria. With respect to income, the richest twenty percent of the population earnA) 90 percent of the income.B) 11 times as much as the poorest twenty percent.C) 9 times as much as the poorest twenty percent.D) just as much as the second richest twenty percent.Answer: CTopic: Lorenz CurveSkill

42、: AnalyticalStatus: OldAACSB: Analytical Skills38) The above table shows the distribution of wealth and income in Miseria. Ninety-five percent of the wealth is owned by what percent of the population?A) 20 percentB) 40 percentC) 60 percentD) 95 percentAnswer: BTopic: Lorenz CurveSkill: AnalyticalSta

43、tus: OldAACSB: Analytical Skills39) In the above figure, the straight line between the lower left corner and the upper right corner showsA) perfect equality in income distribution.B) perfect inequality in income distribution.C) that wealth rises as income rises.D) that household size rises as income

44、 rises.Answer: ATopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills40) In the figure above, income is most unequally distributedA) in Country A.B) in Country B.C) in Country C.D) in one of the nations, but without more information, it is not possible to determine in which country

45、 income is distributed most unequally.Answer: CTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills41) In the figure above, incomeA) is most equally distributed in country A.B) is most equally distributed in country B.C) is most equally distributed in country C.D) is equally distr

46、ibuted in all three countries.Answer: ATopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills42) In the figure above, in which country do the lowest-income 30 percent of households have the highest fraction of the nations income?A) Country AB) Country BC) Country CD) It is impossibl

47、e to answer the question without more information.Answer: ATopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills43) In the figure above, in which country do the highest-income 30 percent of households have the highest fraction of the nations income?A) Country AB) Country BC) Countr

48、y CD) It is impossible to answer the question without more information.Answer: CTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills44) In the figure above, 10 percent of income in country A is distributed to theA) richest 10 percent of the households.B) poorest 10 percent of the

49、households.C) richest 30 percent of the households.D) poorest 30 percent of the households.Answer: DTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills45) In the figure above, 10 percent of income in country C is distributed to theA) richest 10 percent of the households.B) poores

50、t 10 percent of the households.C) poorest 30 percent of the households.D) poorest 70 percent of the households.Answer: DTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills46) The above figure shows the Lorenz curves for four different countries. Which country has the most unequal

51、 distribution of income?A) country AB) country BC) country CD) country DAnswer: DTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills47) The above figure shows the Lorenz curves for four different countries. In which country is income most equally distributed?A) country AB) countr

52、y BC) country CD) country DAnswer: ATopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills48) The above figure shows the Lorenz curves for four different countries. If country C implemented a policy of redistribution from rich to poor, its Lorenz curve wouldA) move toward country Bs

53、.B) move toward country Ds.C) become positively sloped.D) move above the line of equality.Answer: ATopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills49) The above figure shows the Lorenz curves for four different countries. Which of the following statements CANNOT be made on the

54、 basis of the graph?A) Incomes are distributed unequally in all four countries.B) Income distribution in country D is the most unequal among the four countries.C) Incomes are higher in country A than in country B.D) Income distribution is more equal in country B than in country D.Answer: CTopic: Lor

55、enz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills50) The above figure shows the Lorenz curves for four different countries. Which of the following statements is FALSE?A) Country A has an income distribution that is not perfectly equal.B) Country Ds income distribution is the most unequal

56、 of the four countries.C) The distribution of income is more unequal in country A than in country B.D) The distribution of income is more unequal in country D than in country C.Answer: CTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills51) The above figure shows the Lorenz curve

57、s for four different countries. Which of the following statements CAN be made on the basis of the graph?A) Country C has the best balance between equity and efficiency.B) Country A is a socialist country.C) The income distribution is more equal in country B than in country D.D) all of the aboveAnswe

58、r: CTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills52) In the figure above, the poorest 40 percent of all households receive what share of income?A) 10 percentB) 20 percentC) 40 percentD) 60 percentAnswer: BTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skil

59、ls53) In the figure above, the third lowest 20 percent of all households receive what share of income?A) 10 percentB) 30 percentC) 20 percentD) 5 percentAnswer: CTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills54) In the figure above, the Lorenz curve that shows the least ineq

60、uality, but NOT perfect equality, isA) curve A.B) curve B.C) curve C.D) curve D.Answer: BTopic: Lorenz CurveSkill: AnalyticalStatus: OldAACSB: Analytical Skills55) In the figure above, the line of equality isA) curve A.B) curve B.C) curve C.D) curve D.Answer: ATopic: Lorenz CurveSkill: AnalyticalSta