What Data Support the Notion That It Is Getting Harder

question 6

Multiple Choice

What data support the notion that it is getting harder to move into the middle class or fall out of it?

• A) statistical data such as the U.S. Census
• B) reportage in the New York Times and Wall Street Journal
• C) personal experience
• D) corporate profit

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Definitions:

TSX

Toronto Stock Exchange, the largest stock exchange in Canada and the third largest in North America by market capitalization.

Market Value

The existing market price for the acquisition or disposal of an asset or service.

Auction Markets

Marketplaces where buyers and sellers bid on assets, with the highest bid winning the asset.

OTC

Over-the-Counter (OTC) refers to the process of trading securities directly between two parties without the oversight of an exchange.