10 true/false question (English 1301)

QUESTION 1

1. "The lion's share of the growth in America over the past thirty years [in 2008] has gone to a small, wealthy minority" may imply that poor folks do not share proportionately in growing income.

 True

 False

10 points   

QUESTION 2

1. If "a broad middle class is the most precious part of a state," then a shrinking middle class signals trouble.

 True

 False

10 points   

QUESTION 3

1. Between the 1980s and 2005 five times more families filed for bankruptcy, and it must be due to more spending on luxuries.

 True

 False

10 points   

QUESTION 4

1. Students in the bottom of their eighth grade class, rich or poor, are equally unlikely to graduate from college.

 True

 False

10 points   

QUESTION 5

1. If income form the top 0.1 percent in the US climbed from 2.2 percent of all income in 1979 to 7 percent of all income in 2008, then a reader can infer that the rich also pay a bigger share of their income in taxes than before.

 True

 False

10 points   

QUESTION 6

1. If higher education leads to higher wages, then it appears that the labor market does not put emphasis on education.

 True

 False

10 points   

QUESTION 7

1. A 66% rise in women in graduate schools form 1994 to 2004 signals potential for higher earnings for women.

 True

 False

10 points   

QUESTION 8

1. Because the richest Chinese currently earn over 9 times more than the poorest, the poverty level must have risen since 1980.

 True

 False

10 points   

QUESTION 9

1. Because education helps earning potential, Becker and Murphy advocate more taxes on the rich to help educate the poor.

 True

 False

10 points   

QUESTION 10

1. Instead of investing more capital directly in the poor due to the income gap, Becker and Murphy encourage more human capital investment as a wiser way to close the income gap.

 True

 False