In 1970,the Typical U

question 9

Multiple Choice

In 1970,the typical U.S.household earned about $8,700.In 2011,the typical U.S.household earned about $50,054.If adjusted for inflation,the gross income of the typical U.S.household in 2011 relative to 1970 has __________.

• A)increased dramatically
• B)increased somewhat
• C)remained relatively stable
• D)decreased somewhat
• E)decreased dramatically