Reference no: EM133469208

Question

1. Which income group of Americans has been the most negatively impacted by slowed growth rates in average family income in the years from 1979-2007?

A. The bottom fifth
B. The t?op fifth
C. The middle fifth
D. The second fifth.
E. The fourth fifth.

2. Select an answer that best describes the relationship between statements A and B.

A:  the farmers of the US Constitution organize that economic inequality leads to weak property rights.

B:  the farmers built in a system of redistribution into the constitution to promote economic inequality

Answer choice: only A is true, both A and B are true, Only B is true, Neither A nor B is true

3. Which of the following statements about Social SecuritY is not true?

a. If America does not find a better way to manage government spending on Social Security and Medicare, or gain greater revenue, the country is projected to experience a major fiscal crisis

b. You must work for at least 25 years to qualify for Social Security benefits.

c. About 40% of the American elderly rely on Social Security to provide them with more than 90% of your income.

d.  Social Security is the redistributive

4. Which of the following is a primary reason that federal taxes( measured as % GDP) went up in America over the last hundred years?

a. Progressive activism regarding redistribution.

b. Government spending for infrastructure, including the national interstate system, and the Hoover dam.

C. Government spending for the WPA, CCC, PWA and other Roosevelt era development projects

D. Involvement in the World War II.