Exam 4: Jobs, Income, and Wealth in Texas

Chief Executive magazine has ranked Texas the "best state for business" every year since 2004.

Which of the following factors would not help Texas achieve a good for business rating?

In 19^th century Texas, women who worked for wages made about what percent of what men working for wages made?

For the last four decades, black and Hispanic poverty rates have run how many times more than Anglo rates?

In a non-cash economy, the trading of goods directly, say a calf for a pair of shoes, or several bushels of corn for a saddle, is called:

Houston banker Jesse Jones headed what influential federal agency from 1932-1945?

Since 1980, the U.S. poverty rate has averaged:

The value created by a worker over some period of time, like a year, is generally referred to as worker _______

What caused the Texas economic recession of the late-1980s?

What is the economic downside of providing generous unemployment compensation benefits to workers who lose a job through no fault of their own?

_______ was governor of Texas in the late-1980s.

From 1990 through 2018, the Texas unemployment rate stayed at or below the national unemployment rate.

All ten of the state's largest banks failed or were bought out by out-of-state banks during the late-1980s.

What are Chief Executive magazine and CNBC measuring when they rate Texas #1 among the states for business climate?

The statistic that measures income inequality is the:

Texas worker pay has generally run _______ the national average for worker pay.

The Social Security Act of 1935 also established the federal minimum wage.

What are the plusses and minuses of being a "high wage" economy like Connecticut or a "moderate" to "low wage" economy like Texas?

The Washington-based Corporation for Economic Development ranked all 50 states on its "Assets and Opportunity Scorecard." How did Texas fare in the most recent rankings?

In the 2009 recession, Texas declined additional federal money to expand its unemployment compensation program. What was the rationale for refusing this money?