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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 6-7.

Multiple Choice Questions

1. By July 2022, what was the minimum wage in Emeryvill?
(a) $17.68.
(b) $18.39.
(c) $16.
(d) $15.

2. According to a study, how many poor people in America were working-age adults disconnected from the labor market for unknown reasons?
(a) 5 in 150.
(b) 10 in 200.
(c) 15 in 300.
(d) 3 in 100.

3. What were some countries where the government automatically filed taxes, sent a form to citizens, citizens checked the form, and mailed it back in?
(a) Japan, Germany, France, and Poland.
(b) Japan, Great Britain, Estonia, and the Netherlands.
(c) Switzerland, Germany, Belgium, and Nigeria.
(d) Spain, Portugal, Italy, and Greece.

4. How much less did workers with a high school diploma make in 2017 than they made in 1979, adjusted for inflation?
(a) 3.6 percent.
(b) 4.1 percent.
(c) 5.8 percent.
(d) 2.7 percent.

5. What magazine featured a cover story that had a photo of a gold-plated manhole cover?
(a) Time.
(b) The Atlantic.
(c) New York Times Magazine.
(d) National Review.

Short Answer Questions

1. In the average American city between 2000 and 2022, by what percent had fuel and utilities increased?

2. What was the value of PayPal founder Peter Thiel's Roth IRA?

3. At the time Poverty, by America was written, how much money did the U.S. lose yearly due to tax avoidance?

4. In 2019, how much did the largest banks in America charge customer in overdraft fees?

5. According to studies, what percent of the taxes they owed did the ultra-rich pay?

(see the answer key)

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