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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 4-5.

Multiple Choice Questions

1. What might the average borrower of a pay day loan pay in fees to borrow $375?
(a) $380.
(b) $520.
(c) $490.
(d) $215.

2. How many hours did Julio Payes have to work to afford the unfurnished room he shared with his mother and two siblings?
(a) Up to 16.
(b) More than 14.
(c) 18.
(d) 12.

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

4. When did Milwaukee implement the New Hope program?
(a) Late 1980s.
(b) 1984.
(c) 1991.
(d) Mid-1990s.

5. Who wrote that the history of the world was "who gets eaten and who gets to eat" (42)?
(a) Maurice Ravel.
(b) George Gershwin.
(c) Luciano Berio.
(d) Stephen Sondheim.

Short Answer Questions

1. When tenements began appearing in new York City in the mid-1800s, how much higher was the rent in the slums than that of better apartments uptown?

2. What was the minimum wage in 1946?

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

4. How many fewer Americans were in poverty in 2021 than in 2018?

5. In 2020, what was the tax burden for the poorest individuals with incomes at or below $9,875?

(see the answer key)

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