Poverty is a _______ concept in that a person with that income in the United States may

Question:

Poverty is a _______ concept in that a person with that income in the United States may be considered in poverty, while a person with that same income in Somalia may be in the upper quarter of income earners.

a. Relative

b. Absolute

c. Irrelevant

d. Fictitious

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

See More Books

Question Posted: Apr 24, 2018 02:37 AM

See More Questions

A Ford dealer in the United States may be exposed to a devaluation of the yen if this leads to a cut in the price of Japanese cars. Suppose that the dealer estimates that a 1 percent decline in the...
The United States is Canadas largest trading partner. Some Canadian businesses with large investments in the United States may want to support the US embargo on Cuba in order to protect their US...
On average today, the French (and other Europeans) work one-third fewer hours than do U.S. workers. You might be tempted to attribute this difference to Europeans taste for leisure or vacations....
Ms. Acosta received a job as a teacher with a starting salary of $3 According to her contract, she will receive a 1.5% increase in her salary every year. How much will Ms. Acosta earn in 7 years.
Suppose we implement the median of three routine as follows: Find the median of a[left], a[center], a[right], and swap it with a[right]. Proceed with the normal partitioning step starting i at left...
Use Eq. (6.2.129) and symmetry to explain why $\hat{\mathbf{P}}$ and $\hat{M}^{i j}$ do not need normal-ordering. Show that for a scalar boson field where $\hat{L}^{\mu u}$ is the coordinate...
Discuss why it is important to report significant changes in a patients condition to the treating physician.
Brown & Co. issued seven-year bonds two years ago that can be called aft er two years. The bonds make semiannual coupon payments at a coupon rate of 7.875 percent. Each bond has a market value of...
Image transcription text Question WHP8-Q1. The system in figure is composed of: m1,Ic . a disc of radius r = 0.5 m, mass m1 = 0.5 kg and moment of inertia Ic = 62.5 g.ma, with respect to its centre...
Write a program that will take as input two Web page URLs and find a path of links from one to the other. What is an appropriate search strategy is bidirectional search a good idea? Could a search...
Medicaid spending per recipient is a. Twice that of the average citizens use of health care. b. Somewhat less than the average citizens use of health care. c. Somewhat greater than the average...
The result that a firm should produce where MC=MR except when the shutdown condition is met is based on the assumption that it is attempting to a. Maximize profit. b. Maximize market share. c....
What is price cap regulation?
DaisyChain,are siden ttax payer,sold the following CGT assets during the2O21/22 tax year: COST ACQUISITION DISPOSAL SALE ASSET BASE DATE DATE PRICE Jewellery $400 3JulO7 11Jun22 $1,1OO Artwork $3,5OO...
How does the Marxist view of economic forces differ from the transparent free-market view? Provide in-text citations and references to support your response.
Find the second derivative of the following function in the simplest form, show your steps f(x)=2ln(x-4x)-+3 (12 marks) (Note: R is the 2nd digit in your mobile number, for example if the mobile...
How do the management methods used by Walmart's managers differ from the methods used by managers in other businesses?
Surgical Equipment Web site Forecast March April May June Web site organic 200 300 400 500 Web site social media 250 400 550 700 Web site PPC 4,000 4,000 4,000 4,000 Total web site visits 4450 4700...
Represent this traveling salesman problem with a complete weighted graph showing the prices of flights on the appropriate edges. Use the following information. Doug is a purchasing agent for Champs...
Show that the peak of the black body spectrum as a function of ? is given by eq. (22.14) kg T Wmax = 2.82
Of the nine sources of emotions and moods identified in your text, which do you feel is the most critical and why?
What are the sources of stress and emotional labor for employees?
Consider the impact of emotions on customer service. What is the effect of emotions and moods on customer satisfaction, and how does the concept of emotional contagion enter into this?
How do the mechanisms of ventilation and gas exchange operate synergistically in facilitating the diffusion of oxygen and carbon dioxide across the respiratory membrane, ensuring optimal...
How do environmental factors, such as altitude, temperature, and atmospheric composition, influence respiratory physiology, necessitating adaptive responses at both the cellular and systemic levels...
discuss the evolutionary adaptations of the respiratory system across taxa, highlighting the diversification of respiratory structures and mechanisms in response to ecological niches and selective...

Poverty is a _______ concept in that a person with that income in the United States may

Question:

Step by Step Answer:

a Relative Explanation What does being poor really mean Are you ...View the full answer

Issues in Economics Today

Students also viewed these Business questions