The Problem of Inequality in America After 2010

question 1

Multiple Choice

The problem of inequality in America after 2010:

• A) finally lost momentum with the economic recovery.
• B) rose as union power declined.
• C) grew due to rising unemployment and stagnant home sales.
• D) was a result of corporations such as McDonald's and Wal-Mart paying its workers low wages that hovered around or below minimum wage.
• E) B and D

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Definitions:

Cash Receipts and Disbursements

An accounting method that tracks the actual cash flow, recording revenues when received and expenses when paid.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them ownership interest.

Form 1099-DIV

A tax form issued by banks and financial institutions to investors who receive dividends and distributions from any type of investment during a calendar year.

Dividends

Payments made by a corporation to its shareholders out of its profits or reserves.