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

Multiple Choice Questions

1. What was the top maginal tax rate in 1975?
(a) 25%.
(b) 45%.
(c) 50%.
(d) 70%.

2. 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.

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

4. What president once siad, "Taxes should hurt" (97)?
(a) Ford.
(b) Reagan.
(c) Clinton.
(d) Carter.

5. How long ago were only the rich able to afford cell phones?
(a) 40 years.
(b) 12 years.
(c) 35 years.
(d) 20 years.

Short Answer Questions

1. When did Leo Tolstoy move to Moscow?

2. According to a study, how many poor people in America were working-age adults disconnected from the labor market for unknown reasons?

3. In a 2021 study of 100 cities, what percent of apartment dwellers were allowed to live on residential land?

4. When awareness was raised and red tape and hassle cut, by what rate did the elderly enroll in food stamps?

5. What did most states allow restaurant and other service workers to be paid an hour in 2020?

(see the answer key)

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