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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Growing up in a severely disadvantaged neighborhood was equivalent to missing how much school?

2. What was the top maginal tax rate in 1975?

3. In December 2021, by what percent did eviction filings fall in Austin?

4. What did Americans spend on leisure travel in 2020?

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

Short Essay Questions

1. What challenges did Blacks face with banking?

2. How much did Desmond think it would take to end poverty, and how did he believe we could get the money?

3. What were arguments about the negative effects of government support for the poor based upon?

4. In what way were individuals considered to be above the poverty line dependent upon the government?

5. Why did Desmond believe that deeper antipoverty investments were not required?

6. How would a mortgage have benefitted Lakia Higbee and why did she rent?

7. What are some ways to be exploited?

8. What was the problem with private fortunes outpacing investments in public services?

9. How did Japan, Great Britain, Estonia, the Netherlands, and some other countries handle tax filing?

10. How did corporations avoid paying the taxes they owed?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Since the beginning of American history, immigrants had been blamed for economic troubles. Why were immigrants blamed for economic troubles, and what long-term impact did immigration have on wages and employment?

Essay Topic 2

Desmond believed that poverty was not simply a money problem. Why did Desmond believe that poverty was not merely a money problem, but also a cascade of social problems?

Essay Topic 3

In 1982, George Stigler received the Nobel Prize for his contributions to studies indicating that raising wages would increase unemployment. When were Stigler’s theories tested? What did studies show about the effect of raising wages and how unemployment was affected?

(see the answer keys)

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