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9 Cards in this Set

  • Front
  • Back

The Lorenz curve shows what portion of total money income is accounted for by...

Different proportions of a country's households

Unequal pay that is caused by economic discrimination will be due to a

Noneconomic factor

SSI Program

Helps the age, blind and disabled

Purpose of TANF program

Provide cash assistance and supportive services to assist the family helping them achieve economic self suffiency .....state administered program

Purpose of the EITC

Provide rebates of SS taxes to low income workers

Once the national health care program goes into effect and more people will pay fewer of their health care expenses out of their own pockets than they did previously, we can expect,

The quantity of health care services demanded will increase

Define absolute poverty

The number of people who fall below some threshold level of income

The increase in third-party financing of health care has contributed to the rise in health care costs because

Insured patients increase their demand for medical services and thus drive up prices

The effects of the national health care program on goods and services market will

Increase the marginal cost of the firm