How Much the Poor Have Relative to Some Measure of a Reasonable

question 41

Multiple Choice

How much the poor have relative to some measure of a reasonable "minimally acceptable" income level can be best described as:

• A) relative income inequality.
• B) the iron triangle of welfare programs.
• C) absolute deprivation.
• D) allocative inefficiency.

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Definitions:

Flexible Benefit Plans

Employee benefit programs that allow workers to choose from a variety of pre-tax benefits, customized to their personal needs.

Skill-Based Pay

A compensation system where employees are paid based on the skills and qualifications they bring to their job, rather than just their job title or position.

Informal Rewards

Non-official recognition or rewards, often personal or social, given in the workplace or other settings.

Change Competency

An organization’s or individual's ability to effectively manage and adapt to change.