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Questions and Answers
What is the current unemployment rate in the U.S. as of November 2019?
What is the current unemployment rate in the U.S. as of November 2019?
- 2.5%
- 4%
- 5%
- 3.5% (correct)
How does household incomes growth in this century compare to its pre-recession level?
How does household incomes growth in this century compare to its pre-recession level?
- Returned to pre-recession level
- Decreased significantly
- Remained stagnant
- Grown only modestly (correct)
In which period did most of the increase in household income occur?
In which period did most of the increase in household income occur?
- 2000 to 2018
- 1960 to 1970
- 1980 to 1990
- 1970 to 2000 (correct)
What was the median income of U.S. households in 2018?
What was the median income of U.S. households in 2018?
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What was the annual average rate of growth in household income from 2000 to 2018?
What was the annual average rate of growth in household income from 2000 to 2018?
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If there had been no slowdown in income growth from 2000 to 2018, what would the current median U.S. household income be?
If there had been no slowdown in income growth from 2000 to 2018, what would the current median U.S. household income be?
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What marked the onset of the Great Recession?
What marked the onset of the Great Recession?
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What was the median U.S. household income in 2015?
What was the median U.S. household income in 2015?
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What factors are tied to the rise in economic inequality in the U.S.?
What factors are tied to the rise in economic inequality in the U.S.?
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What phenomenon is referred to as The Great Gatsby Curve?
What phenomenon is referred to as The Great Gatsby Curve?
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