The Average Child Support Payment for Noncustodial Mothers Is ____

question 114

Multiple Choice

The average child support payment for noncustodial mothers is ____ than that of noncustodial fathers.

• A) about 50% less
• B) about 25% less
• C) more
• D) about the same

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Definitions:

Income Elasticity

A measure of how much the demand for a good or service changes in response to changes in consumer income.

Inferior Good

A type of good whose demand decreases when consumers' income increases, opposite to normal goods.

Demand Elastic

A measure of how sensitive the quantity demanded of a good or service is to a change in its price.

Supply Inelastic

A situation where the quantity supplied of a good is not significantly affected by changes in its price.