Unemployment, Poverty, and Income Distribution

What term describes when an income level is insufficient to support a family or household 

• Income Distribution

• Poverty Threshold

• Poverty Line

• Unemployment

The percentage of people who live in households with incomes below the official poverty threshold is known as:

• Unemployment Rate

• Poverty Rate

• Income Distribution

• Deductables

How the nation’s total income is distributed among its population

• Income Distribution

• Poverty Rate

• Poverty Threshold

• Socialism

A graph that represents the amount of inequality in income distribution

• Lorenz Curve

• Supply and Demand Chart

• Production Possibilities Curve

• Unemployment Chart

Which age group currently has the highest poverty rate in the United States?

• 0-18

• 19-35

• 35-65

• 65+

What household has a greater poverty rate than any other demographic according to the U.S. Bureau of the Census?

• Native American Households

• African American Households

• Inner City Households

• Single Mother Households

What gives Congress the power to tax?

• Article 1, Section 3 of the Constitution

• Article 5, Section 1 of the Constitution

• Article 1, Section 8 of the Constitution

• Article 3, Section 2 of the Constitution

True or False:

Federal Taxes must be the same in every state.

• True

• False

A tax for which the percentage of income paid in taxes decreases as income increases

• Progressive Tax

• Proportional Tax

• Regressive Tax

A tax for which the percentage of income paid in taxes remains the same at all income levels

• Progressive Tax

• Proportional Tax

• Regressive Tax