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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8-Epilogue.

Multiple Choice Questions

1. In 2020, how much money did the mortgage interest deducation allow more than 13 million Americans to keep?
(a) $24.7 billion.
(b) $17.9 billion.
(c) $5.6 billion.
(d) $38.1 billion.

2. How much money in overdraft fees subsidizes the free checking accounts many have at Bank of America or Wells Fargo?
(a) Hundred of thousands dollars.
(b) Trillions of dollars.
(c) Billions of dollars.
(d) Millions of dollars.

3. During the pandemic, how much did the federal government give in rental assistance?
(a) $56 billion.
(b) $28 billion.
(c) $11.5 billion.
(d) $46.5 billion.

4. In 2020, what was the tax burden for the poorest individuals with incomes at or below $9,875?
(a) 2 percent.
(b) 4 percent.
(c) 10 percent.
(d) 7 percent.

5. In 2020 of every dollar budgeted for Temporary Assistance for Needy Families (TANF), how much did poor families receive directly?
(a) 55 cents.
(b) 22 cents.
(c) 63 cents.
(d) 15 cents.

Short Answer Questions

1. When did Desmond begin paying attention to poverty?

2. At how many universities had Desmond taught on inequality?

3. Where did Desmond meet Crystal Mayberry?

4. How many of the families who qualified for Temporary Assistance for Needy Families applied for it?

5. When Crystal was diagnosed with mental illness, how much SSI did she receive monthly?

(see the answer key)

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