​All of the Following Are True Statements About the Economy

question 79

Multiple Choice

​All of the following are true statements about the economy during the Clinton years except​

• A)​unemployment averaged below 2 percent per year.​
• B)​real  income rose for the first time in 15 years.​
• C)​millions of new jobs were created.​
• D)​the gulf between the richest 1 percent and the rest of the country narrowed.​
• E)​the federal deficit decreased.​

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Definitions:

Tangible Objects

Physical items that can be seen, touched, and occupied in space, as opposed to abstract concepts or digital items.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding.

Understanding Conservation

The cognitive ability to recognize that quantity or amount does not change when its form or appearance is altered.

Cognitive Development

The process by which an individual's ability to think, understand, and interact with the world evolves throughout life.