16. Which of the following statements is true?
| a. Income distribution in the United States has gotten progressively more unequal since 1929. | |
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| b. The Lorenz curve indicates the degree of discrimination in an economy. | |
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| c. The Lorenz curve indicates the degree of income inequality in an economy. | |
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| d. The richest 5% of Americans earn approximately half of the nation's income. | |
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18. The poverty line equals the:
| a. average income of the bottom one-tenth of all income recipients. | |
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| b. cost of an economical and nutritional food plan for a family multiplied by six. | |
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| c. cost of an economical and nutritional food plan for a family multiplied by three. | |
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| d. average income of a family headed by a worker who has been unemployed for six months or more. | |
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19. Which of the following statements is correct?
| a. About 50 percent of blacks earn an income below the poverty line. | |
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| b. The area of the United States with the highest percentage of the population below the poverty line is the south. | |
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| c. Since 1980 the fraction of persons below the poverty level has risen sharply. | |
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| d. About 25 percent of the U.S. population earns an income below the poverty line. | |
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