Economic Systems and Daily Life Answers

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incomewealth gapunemployment

A
income
B
wealth gap
C
unemployment
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private publicprivate and public

A
private
B
public
C
private and public
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From 1981 to 2001, which change was most likely happening in the US economy?

A
a decrease in spending by consumers
B
an increase in the number of workers
C
an increase in spending by consumers
D
an increase in government intervention in the economy
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What percentage of wealth belonged to the wealthiest 1 percent of US citizens in 2010?

A
about 53 percent
B
about 35 percent
C
about 11 percent
D
about 42 percent

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