PLEASE HELP Question 12 pts

When reference is made to the _________________________ , it means the specific amount of income needed for a basic standard of living.

Group of answer choices

poverty trap

income line

income gap

poverty line

Flag question: Question 2Question 22 pts

In the U.S., comparisons of high and low incomes raise issues of economic _________________________.

Group of answer choices

inequality and poverty

equality and wealth distribution

wealth distribution and poverty

equality and inequality

Flag question: Question 3Question 32 pts

If incomes rise for both low-income and high-income workers, but rise less for the high- income workers,

Group of answer choices

then poverty will rise and inequality will fall

then poverty will fall and inequality will rise.

then poverty will rise and inequality will rise.

then poverty will fall and inequality will fall.

Flag question: Question 4Question 42 pts

The food stamp benefit

Group of answer choices

is a state funded program started in 1984.

does not contribute to the poverty trap from an economic viewpoint.

has time limits and is not a complete disincentive to work.

is reduced by $35 for every $100 earned and a and c above.

Flag question: Question 5Question 52 pts

Why did inequality of household income increase in the United States in recent decades?

Group of answer choices

growth of single-parent families at the top end of the income distribution

higher-earner couples near the top end of the income distribution

increase in earnings received by high-skilled labor relative to low-skilled labor

demand for high-skilled labor at higher wages increased and b and c

Flag question: Question 6Question 62 pts

A bond is a form of ___________ through which a corporation agrees to repay the amount that was borrowed together with ___________ over a period of time in the future.

Group of answer choices

financial contract; a rate of interest

financial instrument; a rate of return

initial public offering; a rate of interest

financial investment; guarantees the investment

Flag question: Question 7Question 72 pts

Which of the following would legally qualify you to be registered as a shareholder of Microsoft Corporation?

Group of answer choices

buying the stock on the New York Stock Exchange

investing in bonds issued by the Microsoft

ownership of debt issued by the firm

ownership of debt issued by the firm

Flag question: Question 8Question 82 pts

A checking account typically pays __________________, but gives easy access to your money, either by writing a check or by using ______________.

Group of answer choices

no interest; a credit card

between 3% and 5% interest; a credit card

little or no interest; a debit card

between 2% and 4% interest; a debit card

Flag question: Question 9Question 92 pts

Why do business firms need financial capital?

Group of answer choices

to lend to other businesses

to make real physical capital investments

to provide an alternate source of revenue for households

to make diversified capital investments

Flag question: Question 10Question 102 pts

Which of the following is considered to be a method that firms can use to raise the financial capital that they need to pay for modernizing their production plants?

Group of answer choices

reinvesting profits

investments by late stage investors

borrowing large sums directly from households

increasing dividends to attract new investors