income distribution, poverty, and discrimination c hapter 12

Income Distribution,Poverty, and

Discrimination

CHAPTER

12

2Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 3 REAL MEDIAN FAMILY INCOME, 1980–2001

Source: U.S. Bureau of the Census, http://www.census.gov/hhes/income/histinc/incfamdet.html, Table F-7.

3Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 4 A HYPOTHETICAL LORENZ CURVE

4Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 5 LORENZ CURVES FOR FAMILY INCOME DISTRIBUTION IN THE UNITED STATES, 1929 AND 2001

5Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 6 LORENZ CURVES FOR SELECTED COUNTRIES

Source: The World Bank,http://www.worldbank.org/poverty/data/, Table 2.8.

6Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 7 PERSONS BELOW THE POVERTY LEVEL AS A PERCENTAGE OF THE U.S. POPULATION, 1959–2002

Source: U.S. Bureau of the Census, Poverty in the United States: 2002, http://www.census.gov/hhes/www/poverty.html, p. 4; Table A-1, pp. 22–25.

7Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 9 A NEGATIVE INCOME TAX PLAN

8Tucker Economics for Today, 4e • Ch 12 Income Distribution, Poverty, and Discrimination© 2005 Thomson/South-Western

EXHIBIT 10 LABOR MARKETS WITHOUT AND WITH RACIAL DISCRIMINATION