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Questions and Answers
What is the unemployment rate in November 2019?
What is the unemployment rate in November 2019?
- 2.5%
- 4.5%
- 3.5% (correct)
- 5.5%
How has household incomes grown in this century?
How has household incomes grown in this century?
- They have remained constant
- They have decreased significantly
- They have grown substantially
- They have grown only modestly (correct)
What is the median income of U.S. households in 2018?
What is the median income of U.S. households in 2018?
- $60,500
- $74,600 (correct)
- $80,300
- $90,100
During which period did most of the increase in household income occur?
During which period did most of the increase in household income occur?
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What was the annual average rate of increase in median income from 2000 to 2018?
What was the annual average rate of increase in median income from 2000 to 2018?
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If household incomes had continued to increase at the same rate as from 1970 to 2000, what would the current median U.S. household income be?
If household incomes had continued to increase at the same rate as from 1970 to 2000, what would the current median U.S. household income be?
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When did the Great Recession begin?
When did the Great Recession begin?
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What is one reason for the concern about the rise in economic inequality since 1980?
What is one reason for the concern about the rise in economic inequality since 1980?
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What event marked a 15-year period of stagnation in median household income?
What event marked a 15-year period of stagnation in median household income?
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What has been suggested as an opposing viewpoint regarding income inequality and economic opportunity?
What has been suggested as an opposing viewpoint regarding income inequality and economic opportunity?
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