Use the Following to Answer Question(s): Income Distribution in the United

question 105

Multiple Choice

Use the following to answer question(s) : Income Distribution in the United States

-In determining the official poverty rate in the United States:

• A) only cash income is counted.
• B) cash and noncash income are counted.
• C) cash, food stamps, and TANF payments are all that is counted.
• D) food and medical care are counted.

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Definitions:

Standard Of Living

A level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.

Direct Foreign Investment

A company or individual from one country putting capital into business ventures or assets in another country, through either creating business activities or purchasing business properties.

Motorcycle Factory

A specialized industrial facility dedicated to the manufacturing of motorcycles.