True or False:
1. There is virtually no positive correlation between the earnings of grandparents and grandchildren.
2. Other things being equal, workers who prefer more amenities at work or more time for leisure earn less.
3. Income inequality is less in the United States and the United Kingdom than in Sweden and Japan.
4. Some of the greatest disparities in income are found in developing nations.
5. Wage discrimination occurs when workers are given employment at wages lower than other workers on some basis other than productivity differences.
6. The poverty rate reflects a percentage of the population that falls below an absolute value.
7. Economic growth could eliminate poverty in an absolute sense but not poverty in a relative sense.
8. Many “poor” individuals in the United States, using the official definition, would be considered well off, even “rich,” in many developing countries.
9. A progressive income tax imposes higher marginal tax rates on individuals with higher incomes.