View a FREE sample

This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. When was a cover feature run in a magazine featuring a gold-plated manhole cover?
(a) September 2007.
(b) August 2007.
(c) October 2007.
(d) November 2007.

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

3. In 2019, how much did the largest banks in America charge customer in overdraft fees?
(a) $5 million.
(b) $9.63 billion.
(c) $11 million.
(d) $11.68 blllion.

4. How many newly built English homes would fit into the average new American home?
(a) 5.
(b) 2.
(c) 3.
(d) 4.

5. How much could be raised by stopping the mortgage interest deduction?
(a) $32 billion.
(b) $25 billion.
(c) $17 billion.
(d) $12 billion.

6. In what state did nearly everyone eligible for food stamps enroll?
(a) Arizona.
(b) Washington.
(c) Oregon.
(d) Montana.

7. After the Great Recession that began in 2008, how long did families in the bottom half of the income distribution have to wait before their incomes returned to pre-recession levels?
(a) 15 years.
(b) About 12 years.
(c) 8 years.
(d) Nearly 10 years.

8. When did Roman historian, Sallust, document the problem of a large quantity of poor people living alongside millions of rich people?
(a) 58 B.C.E.
(b) 38 B.C.E.
(c) 63 B.C.E.
(d) 78 B.C.E.

9. 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?
(a) 25 percent.
(b) 30 percent.
(c) 20 percent.
(d) 35 percent.

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

11. Between February and April 2020, how did the unemployment rate rise?
(a) It rose by 55 percent.
(b) It quadrupled.
(c) It doubled.
(d) It rose by 75 percent.

12. How old was Tolstoy when he moved to Moscow?
(a) 53.
(b) 56.
(c) 43.
(d) 49.

13. In what state did about a third of those qualified for food stamps not use them?
(a) Nevada.
(b) Utah.
(c) Colorado.
(d) California.

14. Growing up in a severely disadvantaged neighborhood was equivalent to missing how much school?
(a) 6 months.
(b) 18 months.
(c) A year.
(d) 2 years.

15. How were elderly people notified about food stamps that caused them to sign up?
(a) Flyers.
(b) Personal visits.
(c) Letter.
(d) Television advertisments.

Short Answer Questions

1. What annual income would the average payday loan customer have?

2. During the pandemic, how much did the federal government give in rental assistance?

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

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

5. How many residents in Stockton, California, were given $500 a month with no strings attached?

(see the answer keys)

This section contains 414 words (approx. 2 pages at 300 words per page) View a FREE sample