Only one-quarter of 1 percent of all U.S. households have moved up from the middle- to the upper-income bracket since 2000, while twelve times that many have slid to the lower-income bracket. This is indicative of what?Question 12Select one:a.dwindling lower classb.growing middle classc.stagnant lower classd.shrinking middle class

During the postwar years, the middle class was:A.growing in numbers.B.decreasing in wealth.C.getting less education.D.all of the above

Which of the following most accurately describes the American middle class between 1970 and 2015?Multiple ChoiceTheir share of the nation's income fell by almost 20 percent.The middle class grew dramatically in number.Their numerical size and share of the nation's income remained remarkably constant.The middle class came to receive more than half the nation's income.None of these answers are correct.

The recent recession has brought which of the following changes to households in the United States?A.There are many more extended family households as more people live with relatives to save money.B.More people now own their homes.C.The frequency of cohabitation is declining.D.Household wealth has steadily increased

Which statement best describes how income levels have changed in the United States?A.High-income earners have seen rising incomes, but most people have seen limited gains.B.Income levels have fallen sharply as homeownership rates have increased.C.Most income levels have risen in line with economic growth.D.All income levels have seen a sharp decline as inflation has risen.

Despite the increased affluence of the white middle class, large groups of Americans remained outside the circle of abundance and shared neither in the affluence of the middle class nor in many of its values. Identify which of the following statements correctly describe the realities of American life in this period. 1. Inner cities filled up with young urban professionals, eager to take advantage of the proximity to newly created jobs. 2. In 1960 at any given moment, more than one-fifth of all U.S. families lived below the poverty line. 3. In 1956 alone, nearly ten percent of the rural population moved into or was absorbed by cities. 4. Factory work flourished as a continued effect of the Second World War; automation was not yet a factor. 5. Between 1940 and 1960, nearly a million Puerto Ricans moved into American cities, especially New York. 6. The proliferation of automobiles spurred urban growth as more and more people chose to live in densely populated cities.