12. The poverty rate for married couples in 2018 was 4.7%, but the poverty rate for...
12. The poverty rate for married couples in 2018 was 4.7%, but the poverty rate for single-parent families with no wife present was 12.7%, and for single-parent families with no husband present was 24.9%. Explain why this is the case.
Homework Answers
Answer
When both the parents are present, there are two income sources. Hence, poverty is bound to be lowest as compared to other scenarios.
When there is only a single male parent (no wife present), the poverty is only 12.7% as compared to a single female parent. This is because in a society like ours, males earn more (usually) and they are present at higher posts in the organizations. This has roots in the history where females were supposed to take care of the home and not study much. Such scenarios are still prevalent in the low-income groups of our socciety. Hence, poverty is bound to be higher for single-parent families with no husband present.
Add Answer to:
12. The poverty rate for married couples in 2018 was 4.7%, but
the poverty rate for...
Suppose that the observational units in a study are opposite-sex couples married in CA in 2016....
Suppose that the observational units in a study are opposite-sex couples married in CA in 2016. For each of the following, indicate whether it can legitimately be considered (1) a categorical variable, (2) a quantitative variable, (3) a statistic, or (4) none of the above. Explain each choice briefly. a. The percent of couples in which the woman is older than the man. b. The average age (of the husband and the wife). c. Age difference (between the husband and...
Question 2. Each partner in a sample of 10 married couples was asked how happy each...
Question 2. Each partner in a sample of 10 married couples was asked how happy each is in their own marriage on scale 1 to 100. The ratings by these couples (husband, wife) were: (60,50), (70,65), (80, 81), (80.79), (80,85), (40,35), (50, 55), (60,55), (65,65), (65,60). a) just by looking at the responses without doing any formal calculation, can you arrive at any conclusion about the relationship between the husband and wife responses? Explain your answer. b) Calculate the sample...
Find the correct filing status. John and Mary have been married 12 months Mary and George...
Find the correct filing status. John and Mary have been married 12 months Mary and George got married on December 31 Ned is not married and supports his mom in the nursing home Leon's wife died last year. Leon supports his 8 year old son. Maria's husband died last year. Maria's children are grown and none of them live with her. Maria is single and supports her son A. Head of household B. Single C. Qualifying widower D. Married filing...
Using 2018 Tax Table : married filling jointly 3,186 / Single $17,864 Using 2018 Tax Rate...
Using 2018 Tax Table : married filling jointly 3,186 / Single
$17,864
Using 2018 Tax Rate Schedule : Married filing Jointly If taxable
income is over $19,050 but not over $77,400The Tax is $1,905.00
plus 12% of the excess over $19,050
If single if taxable income is over $82,500 but not over
$157,500 The tax is $14,089.50 plus 24%of the excess over
$82,500
Problem 1-48 (LO 1-2, 1-4) Determine the tax liability, marginal tax rate, and average tax rate in...
69 Marks 1 The medical mileage rate for 2018 is cents per mile. Choose one answer...
69 Marks 1 The medical mileage rate for 2018 is cents per mile. Choose one answer a 15 16 17 70 Marks: 1 Wayne supported his daughter Carol age 21, until her marriage in August 2018 Carol was a full-time student for 5 months of 2018 Carol and her husband both had part time jobs and had federal income tax withheld Their total AGI was $10,000 in 2018. Can Wayne claim Carol as a dependent on his 2018 return? Choose...
1010 capacity For Questions 12-15, refer to the following 2018 Marginal Tax Table for a Married...
1010 capacity For Questions 12-15, refer to the following 2018 Marginal Tax Table for a Married Couple Range of Adjusted Gross Income $0-$19,050 Marginal Tax Rate 10% $19,051-$77,400 $1,905 plus 12% of the amount over $19.050 $77,401-$165,000 $8.907 plus 22% of the amount over $77.400 $165,001—$315,000 $28.179 plus 24% of the amount over $ 165,000 $315,001—5400,000 $64,179 plus 32% of the amount over $315.000 $91,379 plus 35% of the amount over $400,000—$600,000 $400.000 $161,379 plus 37% of the amount Over...
there has been a very high rate of І самое 11. Many governments are concerned about...
there has been a very high rate of І самое 11. Many governments are concerned about inflation in their economies." example, a particular problem in Country A where there has been a very put inflation in their economies. This was, for inflation. (a) What is meant by inflation? (b) Describe how a retail (consumer) price index is calculated. (©) Explain what is meant by demand-pull inflation. (d) Discuss whether a government should be concerned about a high rate of inflation...
On December 31, 2018, when the market interest rate is 12%, Benson Realty issues $600,000 of...
On December 31, 2018, when the market interest rate is 12%, Benson Realty issues $600,000 of 9.25%, 10-year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance. (Round all currency amounts to the nearest whole dollar.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to...
Rates and allowances INCOME TAX (2018/19) % Basic rate £1 – £34,500 20% Higher rate £34,500...
Rates and allowances
INCOME TAX (2018/19)
%
Basic rate £1 – £34,500 20%
Higher rate £34,500 – £150,000 40%
Additional higher rate £150,001 onwards 45%
A starting rate of 10% applies to savings income where it falls
within the first £5,000 of taxable income.
Personal allowances (2018/19)
£
Personal allowance 11,850
Car fuel benefit (2018/19)
The base figure for calculating the car fuel benefit is
£23,400.
Approved mileage rates (2018/19)
Car and vans: 0 – 10,000 miles 45p per mile...
11.1 The Woodsons Struggle with Two Investment Goals Like many married couples, Damian and Brandi Woodson...
11.1 The Woodsons Struggle with Two Investment Goals Like many married couples, Damian and Brandi Woodson are trying their best to save for two impor- tant investment objectives: (1) an education fund to put their two children through college; and (21 a retirement nest egg for themselves. They want to set aside $100,000 per child by the time each one starts college. Given that their children are now 10 and 12 years old, Damian and Brandi have 6 years remaining...
Question 2. Each partner in a sample of 10 married couples was asked how happy each is in their own marriage on scale 1 to 100. The ratings by these couples (husband, wife) were: (60,50), (70,65), (80, 81), (80.79), (80,85), (40,35), (50, 55), (60,55), (65,65), (65,60). a) just by looking at the responses without doing any formal calculation, can you arrive at any conclusion about the relationship between the husband and wife responses? Explain your answer. b) Calculate the sample...
Using 2018 Tax Table : married filling jointly 3,186 / Single
$17,864
Using 2018 Tax Rate Schedule : Married filing Jointly If taxable
income is over $19,050 but not over $77,400The Tax is $1,905.00
plus 12% of the excess over $19,050
If single if taxable income is over $82,500 but not over
$157,500 The tax is $14,089.50 plus 24%of the excess over
$82,500
Problem 1-48 (LO 1-2, 1-4) Determine the tax liability, marginal tax rate, and average tax rate in...
69 Marks 1 The medical mileage rate for 2018 is cents per mile. Choose one answer a 15 16 17 70 Marks: 1 Wayne supported his daughter Carol age 21, until her marriage in August 2018 Carol was a full-time student for 5 months of 2018 Carol and her husband both had part time jobs and had federal income tax withheld Their total AGI was $10,000 in 2018. Can Wayne claim Carol as a dependent on his 2018 return? Choose...
1010 capacity For Questions 12-15, refer to the following 2018 Marginal Tax Table for a Married Couple Range of Adjusted Gross Income $0-$19,050 Marginal Tax Rate 10% $19,051-$77,400 $1,905 plus 12% of the amount over $19.050 $77,401-$165,000 $8.907 plus 22% of the amount over $77.400 $165,001—$315,000 $28.179 plus 24% of the amount over $ 165,000 $315,001—5400,000 $64,179 plus 32% of the amount over $315.000 $91,379 plus 35% of the amount over $400,000—$600,000 $400.000 $161,379 plus 37% of the amount Over...
there has been a very high rate of І самое 11. Many governments are concerned about inflation in their economies." example, a particular problem in Country A where there has been a very put inflation in their economies. This was, for inflation. (a) What is meant by inflation? (b) Describe how a retail (consumer) price index is calculated. (©) Explain what is meant by demand-pull inflation. (d) Discuss whether a government should be concerned about a high rate of inflation...
On December 31, 2018, when the market interest rate is 12%, Benson Realty issues $600,000 of 9.25%, 10-year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance. (Round all currency amounts to the nearest whole dollar.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to...
Rates and allowances
INCOME TAX (2018/19)
%
Basic rate £1 – £34,500 20%
Higher rate £34,500 – £150,000 40%
Additional higher rate £150,001 onwards 45%
A starting rate of 10% applies to savings income where it falls
within the first £5,000 of taxable income.
Personal allowances (2018/19)
£
Personal allowance 11,850
Car fuel benefit (2018/19)
The base figure for calculating the car fuel benefit is
£23,400.
Approved mileage rates (2018/19)
Car and vans: 0 – 10,000 miles 45p per mile...
11.1 The Woodsons Struggle with Two Investment Goals Like many married couples, Damian and Brandi Woodson are trying their best to save for two impor- tant investment objectives: (1) an education fund to put their two children through college; and (21 a retirement nest egg for themselves. They want to set aside $100,000 per child by the time each one starts college. Given that their children are now 10 and 12 years old, Damian and Brandi have 6 years remaining...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago