The Amount of Redistribution in the United States Has Increased

question 43

Multiple Choice

The amount of redistribution in the United States has increased considerably since 1968.Over that same period,the percentage of households in poverty has _____.

• A)fallen
• B)risen
• C)remained constant
• D)fell until 1982 at which point it began rising again

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Definitions:

Available-for-Sale Securities

Financial assets such as stocks or bonds that are bought and held primarily for sale in the near term to generate income on short-term price differences.

Trading Securities

Short-term investments in debt or equity securities that a company intends to sell within a short period to generate profits on short-term price differences.

Comprehensive Income

Total non-owner changes in equity for a reporting period, which includes all recognized income and expenses, including those not included in the net income.

Unrealized Gain

The increase in value of an asset or investment that has not yet been sold for cash, and thus, the gain is not yet realized.