Can17L2
1
Income is distributed _______ equally than wealth and the Lorenz curve for ______ lies closer to the line of equality.
more; wealth
less; wealth
more; income
less; income
2
The poorest families in Canada are most likely to be living in __________________.
Saskatchewan
Quebec
Ontario
Newfoundland
3
The distribution of _______ is a more accurate indicator of the degree of economic inequality than the distribution of annual income.
property holdings
lifetime income
wage rates
retirement income
4
The distribution of _______ is more skewed than the distribution of _______ because people with higher wage rates tend to work _______ hours.
wage rates; income; longer
income; wage rates; longer
income; wage rates; shorter
wage rates; income; shorter
5
The tendency for people to marry within their own socioeconomic class is called _______________.
assorted mating
assortative mating
non-Cinderella mating
attraction mating
6
The Canadian government redistributes income in all of the following ways except _________________.
income taxes
supplying goods and services below opportunity cost
negative income tax
income maintenance programs
7
Canadian income taxes are _________________.
negative
regressive
proportional
progressive
8
Income maintenance programs include all of the following items except _________________.
social security programs
registered retirement savings plans
welfare programs
the employment insurance system
9
A dollar paid by a rich person in income tax means that a poor person will receive ________________.
a dollar plus interest
exactly a dollar's worth of food
less than a dollar
exactly a dollar
10
A negative income tax _______ the welfare trap and _______.
eliminates; discourages low-income families from finding employment
re-enforces; encourages low-income families to find employment
re-enforces; encourages low-income families to remain on welfare
eliminates; encourages low-income families to find employment
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