Why Do Many Researchers Maintain That America's Middle Class Has

question 69

Multiple Choice

Why do many researchers maintain that America's middle class has been shrinking?

• A) the global shrinkage of the middle class
• B) the failing economy
• C) the geographic shift from metropolitans to the suburbs
• D) some members are moving upstream to upper-middle class while others are slipping backward to the working class
• E) the expansion of educational opportunity

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Definitions:

Sole Proprietorship

A sole proprietorship is a form of business owned and run by one individual, where there is no legal distinction between the owner and the business.

Unlimited Liability

A legal structure in which owners are personally responsible for all of the company's debts and liabilities without limit.

Limited Liability

A legal structure where a company's owners are protected from personal liability for the company's debts or liabilities.