US Economic Indicators Quiz
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Questions and Answers

What was the percentage change in the national debt from 1981 to 1989?

  • 77%
  • 42%
  • 1%
  • 188% (correct)
  • During which year was the unemployment rate the highest?

  • Option B
  • 1981 (correct)
  • 1989
  • Option A
  • In which year was the maximum income tax rate the lowest?

  • 1981
  • 1989 (correct)
  • Option A
  • Option B
  • Which parameter saw a decrease from 1981 to 1989?

    <p>Percent living in poverty</p> Signup and view all the answers

    What was the percentage change in the Gross Domestic Product (GDP) from 1981 to 1989?

    <p>77%</p> Signup and view all the answers

    Which year saw the biggest decrease in the percentage of people living in poverty?

    <p>1989</p> Signup and view all the answers

    During which year did the national debt experience the highest percentage increase?

    <p>1989</p> Signup and view all the answers

    Which parameter had the smallest percentage change from 1981 to 1989?

    <p>Unemployment rate</p> Signup and view all the answers

    In which year was the maximum income tax rate closest to the average of the maximum income tax rates in 1981 and 1989?

    <p>1989</p> Signup and view all the answers

    If the GDP in 1990 continued to grow at the same rate as it did from 1981 to 1989, what would be the estimated GDP in 1990?

    <p>$12,700 billion</p> Signup and view all the answers

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