If the Official U

question 185

Multiple Choice

If the official U.S.poverty statistics included the effect of in-kind transfer payments,_____

• A)the poverty rate would be higher.
• B)the poverty rate would be lower.
• C)the unemployment rate would be lower.
• D)the unemployment rate would be higher.
• E)the top 10 percent of the population would be wealthier.

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Definitions:

Private Insurance

Insurance provided by private entities as opposed to government programs, often covering health, life, or property.

Medical Care

Professional services provided by health practitioners or organizations to prevent, diagnose, and treat health problems and maintain health.

Federal Programs

Government initiatives funded and operated at the national level to provide services or benefits to the public.

Health Insurance

A type of insurance coverage that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.