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39. What would be the most effective way of raising people out of poverty? (LO9) a) Cut off welfare payments to every family with at
39. What would be the most effective way of raising people out of poverty? (LO9) a) Cut off welfare payments to every family with at least one adult member between the ages of 18 and 64. b) Raise the minimum hourly wage. at c) Eliminate the Earned Income Tax Credit. d) Have the government put welfare recipients to work at minimum wage jobs. 40. Which statement is the most accurate? (LO9) a) Our nation provides cradle-to-grave security for our military personnel and their families. b) Because of the relative high pay and benefits provided by the military, very few military families run into financial problems. c) No military family lives below the poverty line. d) Some military families depend on food pantries. 41. Which is the most accurate statement about real median family income? (LO1, 2) a) It has declined steadily over the last ten years. b) It has fallen during nearly every recession since the 1960s. c) It is about twice as high as it was in 1970. d) It increased steadily since 2000
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