Which of the following factors contributed to the widening wealth gap during the Great Recession?

A. A majority of job losses occurred in the high-income job segment.
B. The median net worth of all Americans fell, the middle class being hard hit.
C. Upper-income households declined by 20 percent over a period of three decades.
D. Middle-income households grew faster than the upper-income households.


B

Political Science

You might also like to view...

The first multinational corporations (MNCs) emerged in the 1990s

Indicate whether this statement is true or false

Political Science

The Global South, comprised of countries from Africa, Asia, and Latin America that banded together to seek collective solutions to global economic issues, is also known as ______.

a. New International Economic Order b. Group of 77 c. Alliance of Lesser Developed Countries d. Southern Economic Bloc

Political Science

The __________ was created in 1947 to advise the President on foreign policy, defense, and national security issues

a. Defense Department b. Cabinet c. State Department d. National Security Council

Political Science

Relationships among Japan's central government ministries and agencies can be described as

a. intimate and cooperative. b. mutually intrusive and meddlesome. c. mutually independent and exclusionary to the extent of interfering with joint efforts. d. neither particularly cooperative nor uncooperative. e. friendly due to the overlapping nature of their duties and responsibilities.

Political Science