Which of the following statements is true about incomes in the United States?
a. The average family incomes rose by one percent in 2012.
b. The median household income in almost the same across different states.
c. Most individuals in the United States prefer to wait for high-paying jobs to taking up lesser paying jobs.
d. The median household incomes have peaked in the United States in the recent years.
ANSWER: a
Census data shows that average family incomes, when adjusted for inflation, fell around eight percent between 2007 and 2011. However, it rose one percent in 2012.
You might also like to view...
________ refers to the means by which firms attempt to inform, persuade, and remind consumers — directly or indirectly — about the products and brands they sell
A) Human resource development B) Marketing communications C) Financial management D) Operations management E) Planning
A cleaning company uses 10 lbs each of chemicals A, B and C for each house it cleans. After some quality complaints, the company has decided to increase its use of chemical A by an additional 10 lbs for each house
By what % has productivity (houses per pound of chemical) fallen? A) 0% B) 10% C) 15% D) 25% E) 33%
An order permitting a creditor to seize a debtor's property to satisfy a debt is called a(n) ____________________
Fill in the blank(s) with correct word
________ are the major source of unsecured short-term financing for business firms
A) Accounts receivable B) Term loans C) Notes payable D) Accounts payable