Which of the Following Statements Is True

question 181

Multiple Choice

Which of the following statements is true?

• A)If transfer payments such as Social Security payments to the retired and disabled were excluded from official statistics used to estimate the percentage of people with incomes below the poverty line, the amount of poverty in the United States would be much greater.
• B)Because the federal income tax system is progressive, measuring poverty using after-tax incomes results in a higher poverty rate than if poverty is measured using before-tax incomes.
• C)If non-cash benefits such as food stamps and rent subsidies were added to the incomes of low-income families, poverty would be eliminated.
• D)In the United States, income remaining after federal taxes are paid is more equally distributed than income before taxes.

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Definitions:

Mutual Benefits

A situation or agreement in which all parties involved gain advantages or profits.

Multinational Corporation

An enterprise operating in several countries but managed from one (home) country, typically having a centralized head office where they coordinate global management.

Host Country

The country in which a multinational company operates a facility outside of its home base, subject to the host country's laws, regulations, and cultural expectations.

World Trade Organization

The World Trade Organization (WTO) is an international organization that regulates and facilitates international trade between nations, aiming to ensure smooth, fair, and free trade.